Last month, I
blogged that the morning doji star was a very rare pattern. I claimed that on an EOD basis, there are only ten instances of occurrence of this pattern in SP500 stocks over the last 15 years. The 10 instances are shown below. Of the 10 opportunities, 6 are profitable in the short term
1. AES on 10/30/1997
2. ETN on 4/23/1998
3. DHR on 10/5/1998
4. VNO on 10/12/1998
5. AMT on 7/13/2001
10. VNO on 6/20/2005