Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (111221)	1/5/2005 8:30:50 PM
From: Galirayo	Read Replies (1) \| Respond to of 209892

Shack ... most are listed here. litwick.com hotcandlestick.com Ray

To: Shack who wrote (111221)	1/5/2005 10:03:25 PM
From: ajtj99	Read Replies (1) \| Respond to of 209892

Shack, my understanding of the 3-black crow pattern (as well as my application) has been, if you see them, it's there, and the pattern progression is assumed until the top of the first candle is violated. I've been working with these patterns for a couple of years and have found them to be highly reliable. Obviously, they're more reliable when the pattern points in the direction of the prevailing trend. On daily charts I'd have to estimate their reliability at close to 90% based upon my own experience. I tend to avoid indices that have static openings for this pattern, however.