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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?

To: MACD X who wrote (5691)	9/21/2007 3:26:29 PM
From: Davy Crockett	Respond to of 6865

lots of good posts... u guys are really good at that TA thingie...

To: MACD X who wrote (5691)	9/21/2007 9:05:20 PM
From: jaker	Respond to of 6865

Vernie you could be correct about Gold, I have no doubt that it could be a rough ride from here... seems like someone should jump in to support the dollar. This is a long term pattern play. h1.ripway.com

To: MACD X who wrote (5691)	9/22/2007 8:43:43 AM
From: hawkeyefan	Read Replies (1) \| Respond to of 6865

I still like your orphan candle idea and do use it. Besides price projection, you can use it for time projection to look for the top. A question though, this last Tuesday we have an orphan candle on SPY. Now it is not quite as clean, but it is close. Should you use that candle in the leg from Sept. 10 or Sept. or 17? If you use Sept. 17, the move could be over. If you use Sept.10, the move will go to 1555 to 1560 area. And should do so this coming week.

To: MACD X who wrote (5691)	9/22/2007 9:02:50 AM
From: hawkeyefan	Respond to of 6865

To add to my other post. Or can you use that orphan candle from Tuesday from the leg starting on August 16? Maybe that is something to be determined as things play out. NDX and SPX show the same basic orphan candle.