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

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To: AllansAlias who wrote (92100)4/10/2001 9:06:17 AM
From: JRI  Read Replies (3) of 436258
 
Aren't you suspicious of these "gap up" games? (or makes you question the validity of the rally)...We've seen this so much in the last 2 months (whenever market tries to rally, take out technical resistance)...I think, in particular, about the period 6 weeks ago....in which we gapped every day that week (up), and grinded, sold off the entire day....only to gap up the next day again.....

That was right before we entered this severe down channel...

I think a clean-break intraday of 1790-1800...that would convince me of a bigger move (more up) to come..
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