All those who think....
#31
Posted 23 July 2007 - 03:36 PM
#32
Posted 23 July 2007 - 03:49 PM
This pattern is a bearish harami, isn't it? Especially when it occurs at the price exhaustion points...
(the pattern on SPY)
http://stockcharts.c...estick_bearish_
"The bearish harami is made up of two candlesticks. The first has a large body and the second a small body that is totally encompassed by the first. There are four possible combinations: white/white, white/black, black/white and black/black. Whether a bullish reversal or bearish reversal pattern, all harami look the same. Their bullish or bearish nature depends on the preceding trend. Harami are considered potential bearish reversals after an advance and potential bullish reversals after a decline. No matter what the color of the first candlestick, the smaller the body of the second candlestick is, the more likely the reversal. If the small candlestick is a doji, the chances of a reversal increase."
#33
Posted 23 July 2007 - 04:09 PM
#34
Posted 23 July 2007 - 07:34 PM
#35
Posted 23 July 2007 - 10:52 PM
#36
Posted 23 July 2007 - 11:02 PM
Finally, we have very little changes on the MCOs tonight, especially no change on the nasdaq...
Kisa,
I was just about to post that. Tommorow won't be a dull day for sure. With the market so thick with bears, it doesn't take much fuel....
And lastly, the titanic is still floating, but getting to a vulnerable zone.
#37
Posted 24 July 2007 - 12:04 AM
With the market so thick with bears, it doesn't take much fuel....
Are you looking at our little perma-bear polls?
The option traders were pretty bullish today though...
There were some huge call volume at the close...
The ticker sense guys must be reading this board too;
- kisa
#38
Posted 24 July 2007 - 12:30 AM
With 246.81B market cap, probably the most important tomorrow is AT&T (symbol:T)...
#39
Posted 24 July 2007 - 07:44 AM
Edited by kisacik, 24 July 2007 - 07:46 AM.
#40
Posted 24 July 2007 - 08:09 AM
Edited by kisacik, 24 July 2007 - 08:08 AM.