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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who wrote (1190)5/8/2002 6:20:27 PM
From: Monty Lenard   of 1487
 
Well Brooke, in my opinion most of the gaps I see (including the ones one individual stocks) are now what I would consider breakaway gaps (takes mucho longer for those to fill----generally).

FWIW,,,,not much I am sure....boy I am glad I was not short MMM and NOC etc. Goes to show you how wrong I can be. I would have bet they would not run with money going into the naz stocks.

Oh...see why I said the candles (except for the very strong ones have not been working lately). The 3 crows (non reversal pattern) sure got taken out today. The mulit day patterns I have been letting slide lately as you know. Hell, I have been letting all of it slide lately.

Monty

Monty
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