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Strategies & Market Trends : The Thread II
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To: nealio who wrote (3098)6/28/2001 12:20:08 AM
From: SirRealist  Read Replies (1) of 9026
 
Neal: I can't say about the gap. I think we will drop tomorrow is my best guess. To where? 1950 or 1974 or in the neighborhood of 2015 (the latter 2 numbers have better odds),

Many, many folks I respect feel otherwise here. Another possibility is gapping up, taking 2121 and falling sharply from there. To me, that would be a very troublesome event suggesting a false bull setup coming within a couple weeks.

I try to suspend ego at points like this, so I can utilize the trend over my instincts. And the best I can do with the neutral signals I'm getting is to say: I dunno.

I played short at the close and what I gained was lost, breaking even in AH. Now we'll just hafta wait and see.
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