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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Ibexx who wrote (75537)4/19/2001 8:20:04 PM
From: Robert New  Read Replies (1) of 99985
 
Those gaps are keeping many technicians at bay as well. The assumption that the gaps must be revisited have allowed many to miss this rally. And yes I do expect that we will close them at some point. Just not anytime in the near term. Seems like the majority misses out once again...

Until we see the volume dry up on the upside versus the down side I will continue to hold my positions. Should we see a pullback on light volume then I will add to or reinitiate positions...
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