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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (57681)10/24/2002 7:02:05 PM
From: mishedlo  Read Replies (3) of 209892
 
It also means that they will make it hard to buy (no gap downs, just a solid couple of days of selling with some kind of quick 'v' bottom and gap ups to keep us in their ballpark). It may even be done by tomorrow.

If the plan is distribution, they will make it hard to sell.
Gap down that people attempt to buy and the rally fails.

I think we see 2-3 day selloff.
Possibly a gap down on the third day.
Then to really make it hard to buy, a gap up the 4th day.
For the sucker run back to a double top.

Then we fall to HELL.
Starting wih gap downs twice.

M
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