rdale is right, while hooks may give away alot as far as tornado potential there is not always a hook present especially in situations such as doug explained...ive seen some storms with incredible hooks that i could not believe werent tornado warned, but they didnt have what it took to make a tornado...sometimes, close to the center of a low you can get weak thunderstorms to form that dont look too appealing on radar but are producing tornadoes because of the extreme level of shearing in the atmosphere...sometimes, you cant even see them on velocity which is why its extremely critical for spotters to be on such events...
a classic example of why you cant always rely on seeing a hook would be 12/9/08 near yazoo city...storms were beggining to form a squall line and were embedded in rain and stratus extremely hindering visual observations and the ability to view hooks out of reflectivity images...take a look at the reflectivity below...you can barely see a notch, and definatly no hook...however, if you take a look at the cooresponding SRV image you will see a couplet that was turned out to be a 29 mile EF-2...
as im sure you are aware, the brighter colors indicate stronger winds...when you get a cluster of bright pixels next to eachother, that is called a couplet...it reveals alot more then meets the eye, especially in a situation with HP storms or ones that are embedded in rain like this...sometimes, its wise to use a higher level scan...there are 4 scans, 0.5, 1.5, 2.5, and 3.5 degrees above the horizon...if you keep it at the default scan of 0.5 you are seeing the lowest "slice" of the atmosphere...if you scan a notch above you can sometimes scan above the radar clutter, or rain and look for features in the mid and upper levels of the storm...
assessing the environment of the storm, monitoring reports coming in from EMA and spotters in the field, looking at different elevation scans, and being aware of the expected potential of severity will help you better interpret the data for each individual cell...
radar can be extremely deceiving, but with some good education on what you see out there they arent that hard to discern...you can see anything from dust, birds, smoke, buildings, mountains, bats or anything else that beam hits...thats why spotters are a critical part of the warning decision process...