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Doug Hauser

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Doug Hauser

Re: Diewarzu post# 4873

Tuesday, 05/16/2006 6:41:08 AM

Tuesday, May 16, 2006 6:41:08 AM

Post# of 42769
Just for you. Its called a bullish star.

Usually a star that follows a long black candlestick in a downtrend indicates a change in the market environment. Bears were in control during the downtrend but now a change is implied by the appearance of a star that shows that the bulls and the bears are in equilibrium. The downward energy is dissipating. Things are not favorable for continuation of a bear market.


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