Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AllansAlias who wrote (75900)	3/6/2001 8:38:21 AM
From: JRI	Read Replies (2) of 436258

Allan- A gap up here leaves 2 gaps in the chart in 2 days.... Even if this market was recovering for a rally, I wouldn't expect the futures to ramp so significantly, everyone knows the old adage, "sell the morning gap up"....it wouldn't be healthy for a bolt out of gate, and no look back.. Just seems like some players jumped on last hour.....pump this thing up to get out....now, if we fill gap (actually both would be best) THEN I'll be impressed....but I think (if/when) we lose this open, the downward drag (after closing the gap(s) will be so great...it'll be hard to get up off mat...) Certainly, I've been wrong before, but a gap out-of-gate, don't look back seems like the least likely possibility here...

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