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stkboy1

05/16/06 7:38 PM

#78302 RE: LG #78297

He believes the body of the candle is more important as the tails are just stops being hit.
Thanks for all the comments from everybody. Very much appreciated.
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blacktruck

05/16/06 8:11 PM

#78304 RE: LG #78297

In reading his site I just remember he advises to "ignore the wicks and tails" to restrict noise.

Burge is mainly a PnF guy and goes by S/R. I like to review his stats daily because he normally posts early in the day the number of stocks moving to buys versus sells in PnF charts...this statistical "snapshot" I find helpful.

Here is the site from public chart lists...

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID445101