Hi selmax even though i havent spoken to you for a while, but your post is the one i read "must" everyday. I was betting with my friend last night about vpg. i was betting vpg will gap up today, and within 10 mins after open, the bearish will take control, and i was betting today for vpg will be long red candle stick. Today it turns out to be i am 50% right, the bearish did take control(this part i am right) but i am wrong that vpg did not gap up, i still cant figure out why like you. this is not going to change me of what i have read. i believe in two concept, 1. the big long white candle stick has to be back up by few small white candle stick from previous day to ensure the bull last longer. (like building the house, the stronger the foundation, higher level it can go up) 2. the big while candle stick must have shadow on the top, and the shadow must not be too long, which means the share price hit its high of the day, and pull back a little bit at close. i was telling my friend dont try to buy vpg at open today, it is too risky, the best time is to buy before close and sell at first 10 min when it open next day. But i am wrong
selmax, we both have same view on vpg, but it act very strange today, and yes, this is rare, and i am like you, not going to change the view of what we have learn from the book,
Thanks for your recommendation of the book "beyond the candle sticks"
i got that book as well, and am enjoy reading it at moment
