commsec targets sp $36!, page-138

Ahh, Crazy, you are always complaining.

Why would you use the words "wishful thinking" on me??

I am not wishing for it to go up or down. I am just keenly observing it. Of course it will be good for longs if it goes up, but you shouldn't wish for it to go up.

It is not a good idea to be wishful in this game. Wishing will not do it and will get you into trouble. So, I never use this wishing approach. But as you know the word, you must sometimes exercise wishful thinking yourself.

I am only stating the facts of what a long tail doji represents and as documented in candle stick theory. And that is, sellers pull the price down, but are not able to keep it down as they are overcome by buyers who pull it back up. And all I am saying is that that is what we say yesterday and today. and I am just commenting that that is a good sign. It is a better sign than if the converse had happened and that is, buyers get happy and push the price up in early trade, but then sellers assert their strength and the long tail ends up on top of the candle body.

You are talking as if WOW has never ever reversed a trend from down to up. Take a look at the chart, it is littered with downs and ups, downs and ups, ups and down and ups and downs, ie. reversals. This thing can also go up you know, not only down.

Be a little more "positive" Crazypunter. That is different to wishful.

I do agree however that it is very subdued, irresponsive. Money managers are not taking it just yet.