SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (24975)8/23/1998 11:47:00 AM
From: donald sew  Read Replies (1) | Respond to of 94695
 
MONTY,

Stop screaming - gggggggggggggggggggggg.

If you are following the book to the numbers, then you are correct. If we are up even just 1 point(but lets say at least 25) from Friday's close, then it did actually reverse so it is a HAMMER. So I stand corrected.

Please also keep in mind that I am only calling for a possibility of a small up or flatness for the next 2 days. If the market is flat producing a doji or small spinning top and then declines then it is a HANGING MAN. If the DOW moves to my STAIR-STEP limit at 8600, and then moves down, it will then be a short lived HAMMER, but still a HAMMER.

Seeya