Replies to post #1482 on World Surveillance Group Inc (fka WSGI)

[starboy]

OT: I realize candles are an art form, but I begin at the beginning; just like I did in '74 when I rolled into St. Louis to look up Johnnie Johnson, who played piano for Chuck Berry, and sadly, who passed away April 13,2005. Johnnie got me a job, a room, & showed me enough piano so I could get started; & now I play pretty durn good to this day. We were friends for 30 years. Salt of the earth guy, Johnnie, and an amazing piano player.
Yes, I'll get a book or CD's for the candles after I avail myself of stockcharts.com's free intro.
Looks like we're in a severe trough with GTEL, all has been speculation anyway; some hoping to hold long term if the Strats fly, some wanting to play the MOM on the news & later the company's build. I always admire though, how many posters here really are bright & do that DD, whether it be TA or that, plus adding in fundamentals; looking to discern those trends.

[grapes]

I have to disagree with you lowtrade. The book by Steve Nison (who is imo considered the grandaddy iyw) is a classic. However it is still, for such a large book, very elementary. College, no, more like grade school. Not that it has anything to do with the quality of the info but the print is larger than it really needs to be also. You will find just as good of information at stockcharts. I began at the library and checked out as many books about TA as I could. So you don't necessarily have to buy a book. Most TA books have a section dedicated to candles.

Lowtrade and others, don't give up on candles just because what you thought was a trend did not turn out to be. Important in our conversation guys, which william points out, is that just as you take many TA indicators to make an informed decision there are also many variables or confirmations necessary to determine the strength of a trend in candles as well.