John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Madarasz who wrote (2947)	12/5/2000 10:21:37 PM
From: da_cheif™	Read Replies (1) of 33421

john...maybe but nothing im aware of...the only breakaway gap I have experience with was mid january 91....it was about 3 to 5 percent....I think....and was never filled...in any event todays gap can be left unfilled for a long time...if its not filled shortly then wat we dont want to see is any more gaps...a 2nd gap that isnt filled quickly and then is followed by a 3rd and largest gap of the 3 is death warmed over...so essentially any more gaps hafta be filled quickly assuming tuesdays gap isnt filled...theres the 3 gap rule involved in this analysis and the recent drop in the naz was a product of a 3 gap play btw...

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