Author Information
candleman
Member since 13th June 2008
Occupation: investor; retired attorney and corporate CEO The author is an experienced investor; a retired attorney and corporate CEO; the creator of the "Candelaabra" technical analysis system for use in all financial markets; and has passed the NASD Series 65 Investment Adviser exam. He publishes investment recommendations three times per week to help guide you to profit in the financial markets regardless of the direction of price trend. Find out more about making money in any economic climate. Free information and sample up-to-date recommendations are ready and waiting for you, without any cost or obligation, right here at ====> http://www.candlewave.com
Displaying 1 to 15 (of 31 articles)
27th November 2008
Everything old is new again. Whereas the “Japanese Candlestick” method of financial price display was invented centuries ago for use in the rice trade, it has recently found a new life and acceptance in the Western financial world. The reasons are p...
30th October 2008
On November 7, 2007, the U.S. Dollar would have bought about 90 Canadian cents. This was a low point in the value of the U.S. Dollar, going back at least as far as 1977. Since last November, the greenback has enjoyed a steady rise in value as against ...
23rd October 2008
It was written in the Bars, and we know the culprits: Double Tops and Candlesticks. Over the past 14 weeks, the Euro has declined from a high of $1.6038 on July 18 to $1.3000 as of this writing on the evening of October 21, 2008. If this continues, qu...
21st October 2008
In the early days of the automobile, Ferdinand Porsche, himself an Austrian, served as a designer at the Daimler motorcar manufacturing branch there. He was a top-notch engineer, as well. In those days, car makers’ reputations relied significantly u...
13th October 2008
The stock market and the major Indexes have taken a terrible beating over the past several days. Investors are at the point of throwing in the towel, which in my estimation would be a mistake now, because our Indicators and the Japanese Candlestick pri...
06th October 2008
How quickly time does fly. It is almost a year since the stock market posted a significant long-term High. It was marked by a bearish Candlestick pattern, and has been followed all the way down by a series of similar bearish formations. The events ...
06th October 2008
Finally, it gone done. After days of recriminations between each other and trying to divine the will of the voters at home, the Members of the House – as a body, not necessarily individually – agreed on a bailout package which the Senate had alre...
01st October 2008
Candlesticks as Weapons of Defense
A gracious hostess will decorate her dining table with finery, the best in the house. If she is fortunate enough to have good chinaware and sterling silver tableware, they will be set in place for her guests. Ther...
29th September 2008
How to Survive and Win in this Bear Market: Follow the Candlestick Patterns
The near-collapse of the entire financial system of the country unnerved most investors, and panicked some of them. Stock prices have been gyrating for days on end, pending a ...
22nd September 2008
Investors and traders have long been accustomed to the convenience of price charts of stocks, Indexes, and commodities. Today, in computer display if not yet generally in commercially-available printed charts, the Japanese Candlestick format of price pre...
22nd September 2008
Gold sallied forth to advance $100 per ounce within the space of two days this week. That left the price bar of Gold, as displayed on a chart, sitting up there all by its lonesome at a closing price of $897 per ounce on Thursday, September 18. We have n...
16th September 2008
What a frenzy it was! The flashiest analysts in the flashiest Wall Street investment houses were loudly proclaiming the inevitability of Crude Oil prices at $180 and $200 per barrel. It certainly seemed like a sure thing, because the price of Crude had ...
11th September 2008
I haven’t yet seen any comment on it, but there it is: a Head and Shoulders Top in the Dow Industrials Average. The Daily chart of the Dow shows a clearly identifiable Left Shoulder on July 23, 2000; a Head on August 11, and a Right Shoulder on Septemb...
11th September 2008
Prices in the S&P 500 and in other major Indexes rose quickly on the day after the government announced that it would take over Freddie Mac and Fannie Mae. Both agencies had been abused for years by top management which, it is now alleged, manipulated th...
11th September 2008
Traders always look for Good News, or anything that passes for Good News, to justify buying into the market. Certainly, early in September 2009 there had been nothing but a flood of bad news – the housing market continued to deteriorate; employment numb...
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