Re: [amibroker] Off topic - Candle interpretation

["Greg" <gregbean@xxxxxxxxxxx>]

Yuki,
 
I guess we'll never know. I just checked the date on the chart and noticed 
that the last date is Nov.25, 2002 . Wouldn't that rot your socks. Oh well, on 
to something else.
 
Thanks for you comments just the same.
 
Greg
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Yuki 
  Taga 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">Greg 
  Sent: Tuesday, December 16, 2003 2:05 
  AM
  Subject: Re: [amibroker] Off topic - 
  Candle interpretation
  Hi Greg,Tuesday, December 16, 2003, 1:49:54 PM, you 
  wrote:G>  I'm trying to learn about candle patterns and 
  wondered if anyoneG>  could    tell me something 
  about the last three white candles. IsG>  this 
  bullish    (possibly accumulation)? Or bearish? Most 
  MA'sG>  are flat or pointing down, so    I'm 
  thinking this might be aG>  bearish situation. But maybe it will 
  reverse    direction andG>  move up to at least the 
  144 MA. Anybody care to take a crackG>  at this?I'm 
  Japanese, yet I classify candlestick patterns, *especially* theshorter 
  ones, pretty close to astrology and sorcery, maybe just a bitless 
  reliable. ^_^Take a look at your chart again . . .Do the large 
  white candles in early September mean anything? Sure,they meant the bulls 
  were in charge, right?  (Just look at howprolific those big white 
  bars are there -- right at the top -- whythere are FIVE of them in just 
  seven days.)  Oops.  That does appearto be the top for the 
  viewable chart, doesn't it.  Now ask yourselfif you could not trust 
  *those* groups of while candles on the upside,why would you want to put 
  any (ahem) stock in the three white candleson the downside.Give me 
  a simple bar chart with volume any day.I don't know what you have 
  there that likes to make 33 percent movesroutinely.  It's nice if you 
  can catch one for sure.  But you do NOTbet on the turn with these; 
  you wait for obvious evidence of it, thenyou catch what you can, and 
  forget/ignore what you missed. Otherwisesomebody gets assigned the nasty 
  job of having to scrape you off thepavement. ^_-Take two aspirin 
  and call me when it dips below 12 and shows evidenceof a turn. 
  ^^_^^YukiSend BUG REPORTS to 
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