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Post# of 79856
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Imperial Whazoo

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Imperial Whazoo

Re: m1ocha post# 1286

Wednesday, 10/10/2012 12:32:43 AM

Wednesday, October 10, 2012 12:32:43 AM

Post# of 79856
It did a hammer candle on low volume yesterday and it closed yesterday at the 618 pullback. Today it all but broke thru the tail portion of the hammer but it closed just inside it. I don't like a hammer that is followed by a long red candle, but this red candle was not a close on the lows. In fact, the wicks on the top & bottom are about the same, so its not that it closed on the low or anything like that (which is good).

I was watching the action at the end and I think I had a sell entered just in case it took out the tail on volume at the EOD, but it didn't, so I never pulled the trigger.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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