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ajtj99

11/04/02 3:32 PM

#41827 RE: Rich1 #41816

Gravestone doji's are a topping indicator that basically is a death sentence for a rally. It means nasty down, and the top is in.

However, confirmation is needed. You need a down day tomorrow for confirmation, and I believe you need to stay under today's close.
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jrintl

11/04/02 3:42 PM

#41837 RE: Rich1 #41816

Carpino has a high this week anywhere?

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Zeev Hed

11/04/02 3:58 PM

#41853 RE: Rich1 #41816

A doji pattern is when the opening and closing prices are essentially the same, a gravestone doji is when that price is the day's low, a dragon fly doji when that price is the day's high. ajtj gave a very good interpretation of the gravestone pattern, so I will not add to that.

Zeev