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Re: Mako Hunter post# 3151

Wednesday, 02/17/2010 3:24:56 PM

Wednesday, February 17, 2010 3:24:56 PM

Post# of 94140
BEARISH ENGULFING PATTERN...MEANS DOWN DAY TOMORROW.....IT WILL GO BACK TO 0.014 TOMORROW.......look at the charts.......that huge red candle today has completely engulfed yesterday's green candle.....this is a BEARISH/REVERSAL PATTERN.....which means a change in trend/ change in direction/reversal.......this candle is the kiss of death.....you see this formation and you know it's time to run........the Japanese know what theyr'e talking about........knowing candlestick analysis is crucial if you're going to make money in the market........pumpers, bashers, ceo's and promo guys lie, but the charts don't.....this is basically a dead cat bounce and i would wait to buy until at least after you see how tomorrow plays out.....BELEIVE ME, YOU HAVE TIME......you are not going to miss it, by waiting......on the contrary you will make money........you need to be one step ahead of the bagholders to make money off pennies......i'm telling you if you're not on top of your game you'll get wiped out playing pennies........no more money and it's GAME OVER.....preserve capital and stay in the game......here's a link to the candle stick formation if you don't beleive me............ http://www.fxwords.com/b/bearish-engulfing-candlestick.html