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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: JeffA who wrote (52402)7/15/1999 1:46:00 PM
From: stan s.  Read Replies (1) of 90042
 
CS, it's nothing I'd be too concerned about, just aware of. It came awfully close to filling a couple of days ago, that might be enough.

Gaps are usually filled but there are exceptions.

However, on a dip, when this run is over it could fill...it has support at a shade over 13 if it does. A drop to 13.125 fills.

The more time that passes and the farther it gets from the gap, the less likely the need to fill. I wouldn't let it affect current strategy on CS.

If anything gaps usually redefine support a little higher than before, that's why they are considered a positive, generally speaking.

Stan
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