• Download software • Tutorial videos
• Subscription & data-feed pricing • Class schedule


• New account application • Trading resources
• Margin rates • Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » General Discussions » Stock and Market Talk » today is a reverse hammer day!

today is a reverse hammer day! Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
signaltap
Posted : Thursday, January 24, 2008 3:10:06 PM
Registered User
Joined: 3/16/2006
Posts: 2,214
Back to top
TylerMCT
Posted : Thursday, January 24, 2008 5:25:18 PM
Registered User
Joined: 2/2/2005
Posts: 1
 Signaltap,

I very much enjoy your posts, and wanted to comment on this for discussion.  I do not see this as a hammer with any significance.  The hammer formations that I find work best are after long trends and those that occur after a few candles have been much less meaningful.  The market is so over extended and a likely bounce from here to ~12,800.
Back to top
CAJUNWON
Posted : Thursday, January 24, 2008 5:31:43 PM
Registered User
Joined: 12/7/2004
Posts: 38
 Elliot Waves displayed here?

Have we just completed point 3 of an Elliot wave down cycle?
12850 would make the 4th point prior to a major decline?
Back to top
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.