bullish harami, page-6

That's a rather aggressive response konkat. I was just posing a question really, wondering how the bullish harami might work under different conditions. My main point is that people seemed to sell on Friday out of fear which turned out to be misplaced. Maybe they were expecting an extended pullback and switched to defensive stocks, hence CSL's rise. Friday night on the Dow would dispel the fear so people may pull back out of defensive stocks and buy back what they sold on Friday.
If the bullish harami doesn't work then this may be why, personally I hope it does because I was pretty disappointed with the market's reaction to CSL's results.

Logic seems to have little place in the market these days anyway, there are plenty of stocks illogically underpriced or overpriced.