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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (1997)3/6/2001 8:25:31 AM
From: JRI  Read Replies (4) of 52237
 
Paul, looks like the 2nd gap up in a row! Wow....all gaps get filled, right? 2 gaps in chart now...

Problem is see...with such a huge gap....is...there will be pressure to fill after open.....once the momentum starts moving down (to fill gap)...given the bear market....will stocks stop after filled gap and turn around? I dunno...it would be impressive if it filled, and stocks moved back to their highs...but I think the "filling of the gap" would scare some long out (pushing market down even further)..

As Stock Operator noted, how stocks close today is what's important...2 decent closes in a row would be impressive too, no doubt...

I dunno, if I were long, I wouldn't want to see such a huge gap...I'm starting to think there's some juicing going on last hour...
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