SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 256.70+1.2%1:04 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Monty Lenard who wrote (10850)9/30/2000 8:17:05 AM
From: andreas_wonischRead Replies (1) of 275872
 
Monty, Re: You cannot see that these precepts are true until you believe that they are true and work with them.

That sounds like religion to me. Every theory must have means to be proven or an explanation, otherwise it's just useless. Let my try a physician's approach: If's there's strong evidence that nearly all gaps are filled (e.g. after examining hundreds of stock over years one observed that 90% of the gaps got filled), that's fine. But the next step would be to derive a theory, explaining why all gaps are filled. If there's not such a theory or rational explanation it doesn't have any relevance to trading; it could be just a random event.

And I think I made some good points why it's somewhat strange that there should be strong support at the top of the gap when logical reasoning comes to the conclusion that it should be at the bottom of the gap. If there's really such a thing as strong support at the top of the gap, there must be an explanation. And if you can't deliver one, your theory is either flawed or you don't understand it.

You could at least provide some articles which hopefully explain your gap theories. I know there are lots of books on TA (I read some and most of them have good explanation for the phenomenons they describe), so why don't you give us some hard evidence for your claims?

Andreas
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News