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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (623)	11/17/1997 5:57:00 PM
From: Gerald Walls	Read Replies (1) \| Respond to of 1589

GE (the DOW, in essence) - Shooting Star possible double top. Possible triple top, actually. But today's action doesn't qualify as a shooting star because the shadow is only as long as the body and not much longer.

To: MonsieurGonzo who wrote (623)	11/17/1997 7:27:00 PM
From: ted birnbaum	Read Replies (1) \| Respond to of 1589

Good cause I was shorting into todays run, now lets hope I picked the right stocks to short :)

To: MonsieurGonzo who wrote (623)	11/17/1997 9:09:00 PM
From: JPR	Read Replies (1) \| Respond to of 1589

Steve <<INTC - similar, gap-up, possible Evening Star ?>> 11-17-97 I enjoyed your posts very much. But I don't see an Evening star when it comes to INTC. Evening star is a 3-candlestick pattern. I don't presume to teach you. Here, I am your ardent student. 1: Candle one is followed by a real small body, either black or white or even a doji. With the Doji, it is an evening doji star. 2: The body of the 2nd candle should not line up with or "touch" the 1st candle. 3: The third black candle's body should not line up with or touch the 2nd candle's body, but should line up with the 1st one. All three form an upside down V pattern. All these criteria must be met for an evening star. Sorry for being emphatic. The phrasing is only for accurate description, and is not in any way meant to argue with you. (The last three candlesticks are 3 white bodies. 3rd one gapped up and is a spinning top.) Paul