CANDLES

[preston morrow <prestonm@xxxxxxxxxxx>]

HAVE USED candles for several years in conjunction with several other
indicators & find them quite useful

perhaps the greg morris book conclusion was misunderstood... here is
greg's reply to me re. the subject:

Subject: 
              Re: note on omega list... candle question... GM quote
        Date: 
              Sat, 01 Aug 1998 09:26:24 -0500
        From: 
              Greg Morris <glm@xxxxxxxxxxxxxxxx>
Organization: 
              MURPHYMORRIS, Inc.
          To: 
              prestonm@xxxxxxxxxxx
  References: 
              1


Preston,
  I don't know what he heard, but that was not from me.  I do, however,
suggest to any and all, that candles are not sufficient by themselves
for trading, but used with other indicators are almost always better
than the indicator itself.
Greg

personally, i feel many of the candle patterns have their bar
equivalent, but are far easier to recognize

preston morrow