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	------------------------------------------------------- Bonus Research ------------------------------------------------------- October 18, 2004 Volume 20, Issue 43 Stocks move up and stocks move down, but never in a straight line. As you look at a smaller piece of time on a stock's price chart this becomes more self evident. Using Candlestick charting provides a method to visually determine daily price changes. Immediately, you can compare the relationship between the opening price, closing price, as well as, the high and low of the day. The relationship between the opening and closing price forms the essence of candlestick charting. White candlesticks, where the close is greater than the open, indicate buying pressure. Black candlesticks, where the close is less than the open, indicate selling pressure. Statistically analyzing candlesticks allows us to identify what can be referred to as the Daily Gap Cycle (DGC). Stocks in this category tend to have a wide price range during each day. A Daily Bull Gap Cycle rating indicates that the stock has gone up from its opening price in the last ten trading days. The stock does not have to close higher than the opening price, but the price range during the day must be higher than the opening price. Certain stocks exhibit this characteristic with a very high degree of probability. Further analysis of these daily stock candlestick charts illustrates which of these stocks has a 90% probability of moving up during the day at least $.50 or more. A Daily Bear Gap Cycle rating indicates that the stock has moved down from its opening price in the last ten trading days. The stock does not have to close lower than the opening price but the price range during the day must be lower than the opening price. Certain stocks exhibit this characteristic with a very high degree of probability. Further analysis of these daily stock candlestick charts illustrates which of these stocks has a 90% probability of moving down during the day at least $.50 or more. 90% probability means 9 out of the last 10 days the price performed as expected. There was not a selection from last week. Bonus selection as follows: Actually, a few stocks under $60.00 have met our 90% level of producing $.50 on a daily basis this week. I do not like the lack of volume however on these equities. Preferring to conserve capital I will continue to stand aside on bonus calls this week! Whentobuy.com and this newsletter are provided for educational purposes only. No statement in the documents should be construed as a recommendation to buy or sell a security or to provide investment advice. It is possible at this or some subsequent time, the editors or staff of whentobuy.com may own, buy or sell securities discussed. All investors should consult a qualified professional before trading in any security. Before trading stocks or options you should understand the risks. In addition, anytime a stock or option is purchased or sold, transaction costs including brokerage fees are at risk. The information provided has been obtained from sources deemed reliable but is not guaranteed as to accuracy and completeness. Back \| Bonus Research \| Weekly Option Plays \| Research Performance \| My Options Playbook \| \| Weekly Research \| My Playbook \| \| Order Now \| Return Home \| Home Business \| Digital Economy \| Sign In \| Disclaimer \| Training Center \| FAQ \| What's New \| Contact Us \|