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Fred Kadiddlehopper

10/16/08 7:52 PM

#80417 RE: bwalk63 #80412

Looks like a trend to me.

Good luck!
-Fritz
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elsieCat

10/16/08 8:07 PM

#80419 RE: bwalk63 #80412

Sure. Look down the page I link to for "hammer".

An open candle with a long tail means that there was a challenge to the sp, but buying outweighed all the selling and the day ended up. It's a bullish sign, but needs followthrough.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_bullish_


HTH.