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The NASDAQ needs a stick sandwich signal to confirm an uptre

 
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Thu Jul 20, 2006 5:05 pm    Post subject: The NASDAQ needs a stick sandwich signal to confirm an uptre Reply with quote

The NASDAQ formed a very strong bullish signal on Wednesday. However, the dark candle on Thursday wiped out the gains from the previous candle. To create a stick sandwich signal, the NASDAQ needs to form another large bullish candle tomorrow. If the trades lower, that would indicate that these markets are probably in a sideways mode or heading lower.
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Bluto



Joined: 26 Nov 2005
Posts: 146
Location: Va. Beach, VA

PostPosted: Sat Jul 22, 2006 12:04 am    Post subject: Reply with quote

Actually, what this market needs is a good swift kick in the ass! Smile
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cosmo



Joined: 06 Apr 2005
Posts: 57

PostPosted: Sat Jul 22, 2006 1:45 am    Post subject: Reply with quote

Actually what this market needs is an inexpensive alternative to fossil fuel so that inflation can abate and so can interest rates.
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