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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 465.93+3.3%3:59 PM EST
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To: Dave Gore who wrote (21368)7/29/2002 1:30:57 PM
From: Susan G  Read Replies (2) of 26752
 
I think a ton of people shorted the gap up in the futures, and it never filled cause it was one of those over 2% breakaway gaps... When that happens, we stay up without pullbacks longer, as every teeny pullback is bought by trapped shorts. New ones pile on, and add to the squeeze.

could be a 5 min bullflag on NQs here, if it holds over 952 NQ
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