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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (6105)12/13/2004 1:30:16 PM
From: Galirayo  Read Replies (1) | Respond to of 23958
 
Sergio, Now you're stroking me. Whadda want?

lol..

Hey .. remember that Long Legged Doji I mentioned to you on the SOX? Well it was followed by that black spinning top which basically gave no confirmation for a reversal to the ST downtrend. However today forming intraday is an Inverted Hammer in Harami Position. Harami meaning pregnant.
hotcandlestick.com

If it still shows this hammer EOD [end of day] it's another reversal candle. If we get a Confirming White candle tomorrow the Chips may actually follow the Software and Cellular lead a bit here. Or at least participate.

The current downtrend was trying to form an 8 to 10 new price low but we're only on day 7 even though it went up after that black gravestone doji in Harami on the 2nd. I'm not calling the 6th a reversal candle. Which i think puts the reversal on the 2nd. They turn on 7 days or 6 days often and never hit the 8 to 10 especially in an uptrending market.

Thoughts on the SOX ?? Book to Bill is out when ? Wed?

bigcharts.marketwatch.com

Ray



To: Sergio H who wrote (6105)12/22/2004 12:37:01 PM
From: Galirayo  Respond to of 23958
 
Sergio , The Bifurcation looks intact.

Today the slide in Oil looks to be a Buying opp for the Oil Service sector.

This is the way I like it. Play em if'n ya gots em!

bigcharts.marketwatch.com

Ray