Sunday, January 18, 2009

Another spinning top

Look at Dow 3 months chart from Yahoo, Dow gave a second spinning top with a white body on Friday. Hope I can get a long white candle for Dow on Monday. With two spinning tops, chances is very high that the next candle is a long white candle. It is very very unlikely to get a black candle down south. However, if this unlikely event does happen, I would prefer to hold on to my cash and see whether it will drop below the November 08 low of 7552.

1 comment:

sawhs said...

US market closed Monday to observe Martin Luther King Jr.,