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Strategies & Market Trends : MDA - Market Direction Analysis

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Dec 9 4:00 PM EST

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To: Les H who wrote (78891)	6/17/2001 10:36:20 PM
From: HairBall	of 99985

Les Horowitz: It took me a few moments, but I finally caught on to what you were referring... I usually measure gaps three ways... Opening gaps Intraday gaps Daily bar gaps (I consider this the important one) I would describe what you are measuring as a price cluster gap as you are using days prior to the gap to set boundaries. I don't use that approach so I was not looking for it. Regards, LG

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