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To: zurdo who wrote (4526)3/26/1999 5:12:00 AM
From: Mitch Blevins  Read Replies (3) | Respond to of 4571
 
A 'Burled Peanut' is a TA term similar to many of the candlestickisms you see thrown about these threads. You gotta get used to folks talking in code around here, with all the lawyers around.

Here's some examples:

Burled Peanut: means a low-volume day with a large price move (relative to the 50-day average delta) that coincides with the 3rd day after a major press release.

Flying Green-Lantern Hammer: The third Tuesday after an Alan Greenspan speech that has a close lower than the opening, but the close must also be higher than the previous day's close, unless the previous day was also a "Blue Spider Sickle" (defined later).

Sticky Face Fling: A high-volume Wednesday during an uptrend that performs an "engulfing outer reversal". (also, coincidentally, the name of a Tracy Lords film)

Blue Spider Sickle: A close exactly 2 1/4 points higher than the previous day's high.

Little Debbie Snackcake: A lower close than opening, following three "Flying Monty Pythons" in a row. Looks similar to a "Disgruntled Postal Worker" if you squint your eyes and tilt your head slightly to the left.

MaxPain PepperCorn: A high-volume day immediately following a "Weeping Wussy". This one is trademarked, and you may not be able to refer to it by it's proper name in the future.

Hope this helps. For more, head on over to the "TA for Beginners" thread and ask for the definitions of some of the above.

-Mitch