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To: Shack who wrote (125252)10/20/2005 9:20:04 AM
From: Galirayo  Respond to of 209892
 
Shack that was Bozo ... but I mispell it sometimes.

I use Bozu .. a shortened version of Marubozu. I keep wanting to type MariBozu ... <g>

WHITE CLOSING MARUBOZU

candlesticker.com

Let's see if it confirms .. R on the SAR and the 50dma.



To: Shack who wrote (125252)10/20/2005 10:56:23 AM
From: Henry J Costanzo  Respond to of 209892
 
Two DOWs acting up today...KO and DD...

Wanted to call to your special attention, oh WedgeMaster, because looks to my unskilled eyes we may have some bullish wedges breaking on us.......vbg



To: Shack who wrote (125252)10/20/2005 8:44:47 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
XLE - looks like 2 mighty moves down, the first one ending on Oct 6. The second one so far is ~78.6% of the first. Could be an ABC, with the "C" looking rather wedgy, having done an "overshoot" this afternoon.

Today's low tested the highs of last March... as it retraced between 50 and 62% of the rally since May. Who knows, maybe the waterfall in that sector will begin finding a bottom.


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