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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (64618)2/5/2001 9:47:44 AM
From: AllansAlias  Read Replies (2) of 436258
 
Early yet, but one of the reasons that I was drawn to a gap down opening was the wonderfully bearish symmetry of it all. We gapped up hrd on the 17th and then traded in a range for many days. Like I said, it's early yet, but not closing this gap today would leave all of that sideways as a sort of island.

COMPX is fighting on the daily to stay in the channel/hold the TL coming off the early Jan lows.

The down force at this stage should be strong imo. If it is not, then my spidey senses will start to tingle.

The bear in me worries about CSCO being sold into earnings. Still, there is a bounce coming and CSCO not being too disappointing could be the stimulus I suppose.
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