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

To: MonsieurGonzo who wrote (695)	11/21/1997 11:08:00 PM
From: The Perfect Hedge	Read Replies (2) \| Respond to of 1589

Steve- Doesn't it appear that EVI is way oversold?What about the 10 red candlestick rule where after 10 red candles in 10 -12 days that a turnaround should occur very soon?Valid or not?GD

To: MonsieurGonzo who wrote (695)	11/21/1997 11:13:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 1589

Steve, Where did you get the quote from Morgan and how old is it?Thanks.GD

To: MonsieurGonzo who wrote (695)	11/21/1997 11:17:00 PM
From: ftth	Read Replies (2) \| Respond to of 1589

3-line break, Kagi, and Renko charts of the s&p500: ( Isn't technology a wonderful thing! From ground zero to a website with charts in a little over an hour's total time! (O.K. it's admittedly very crude) I had never even considered having a website before today--Thank's for egging me on Steve--that was relatively painless) geocities.com dh

To: MonsieurGonzo who wrote (695)	11/22/1997 12:20:00 PM
From: Tom L. French	Read Replies (1) \| Respond to of 1589

Steve >>Glen; RE:" GD looks REALLY GOOD!!!"<< I'm not sure why you said it looks good. Have to learn these formations you are talking about. But I just saw something I have never seen before (so it may mean nothing) but on GD what looks like a breakout (on a 30 minute chart, and like a very big bullish candle on a daily) is in fact 1 minute of action--if you look at a 1 minute chart, there it is, a long long white candlestick. Is that one trade? Can't tell. But it is not very convincing to me as a bullish indicator, when looked at this way. TomLF