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Politics : Formerly About Advanced Micro Devices
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To: Monty Lenard who wrote (121830)8/5/2000 5:52:51 PM
From: tejek  Read Replies (1) of 1573709
 
BTW, here is one link on gaps. It does not go into great detail as it is just what it says "a primer" but is a good overview if you are really interested.

hardrightedge.com;

Monty,

I know only some TA, but I was aware of the 3 different types of gaps: breakaway, continuation, and exhaustion. Of course its the breakaway (and AMD's only gap to date) that you feel needs to be filled. Now remember, one of the first things the primer says is that its not necessary for a gap to be filled.

Knowing that and knowing that AMD has not had a latter stage gap like a continuation gap(forget the exhaustion gap) when a stock has become overextended and its run may be on its last legs, what makes you think that the one gap in AMD's chart has to be filled and why now.

Just curious. Actually, I am more than curious.

ted
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