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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (37899)6/14/2001 6:48:50 PM
From: Sully-  Read Replies (2) of 65232
 
"Remember that "nasty gap," I think is what I called it, we discussed a few weeks ago at the 1950 +/- area that needed to be filled?"

On 4/17/01, the NAZ closed @ 1923.22.

On 4/18/01, the low on the NAZ was 1995.91.

chart.yahoo.com

Considering that folks generally are coming to grips that a second half recovery is in doubt now, it would seem that this gap will be filled, perhaps before the end of the month.

BTW, there are other open gaps in the NAZ...........

On 4/10, the NAZ closed @ 1852.03, with an open gap up to 1868.76 from the low on 4/12. FWIW, ZEEV Hed has called for 1850 on the NAZ by the end of the month. He could very well be right.

The NAZ closed @ 1745.71 on 4/9. The open gap extends to 1771.68, the low of the day on 4/10.

On 4/4, the NAZ closed @ 1638.80............. this gap is open to 1700.20 from the low on 4/6.

OOF :-|

OOF :-|

OOF :-|

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