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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Runomo™ who wrote (29408)1/27/2008 10:48:01 AM
From: robert b furman  Read Replies (1) | Respond to of 208071
 
Hi Bro,

You'd think, that at least that long term trend line would provide a little support?

But wait - isn't that a long legged DOJI?

candlesticker.com

The fact that the Doji has a white candle in its body is a positive and may well be signalling a very nice reversal next week.FOMC on the 31st.

My bet is positions will be made all this next week.I expect dips, that are met with buying and position taking while MANY shorts prepare to hang a rope around their neck.

Good fuel for the future.

Here is one for the record book:

stockcharts.com

candlesticker.com

That has to be one of the most healthy white candle sticks I've ever seen - nothin but huge white body - no legs and a monster run up - I read that as a reversal.

I think we rock next week.

Bob



To: Runomo™ who wrote (29408)1/27/2008 12:19:38 PM
From: da_cheif™  Read Replies (3) | Respond to of 208071
 
lookit 1994 and the rally that preceded it.......this perma bear thinks the market is gonna melt down....

traders-talk.com