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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: GROUND ZERO™ who wrote (6878)	7/19/2005 8:00:22 PM
From: wmwmw	Read Replies (1) of 12411

If tomorrow we do form an island reversal, then does it mean we will see Naz 2040? "While the island reversal sounds like a very important event, in actuality the second gap usually just produces a reversal of the previous movement. In other words, the stock, if it is a "bullish island reversal," is likely to retrace to approximately where it was when the downturn started." streetauthority.com

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