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Worden Discussion Forum » Members » TylerMCT

Profile: TylerMCT
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User Name: TylerMCT
Groups: Gold User, Member, TeleChart
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Joined: Wednesday, February 2, 2005
Last Visit: Thursday, February 7, 2008 10:08:43 AM
Number of Posts: 1
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Topic: today is a reverse hammer day!
Posted: Thursday, January 24, 2008 5:25:18 PM
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.