Sandpaper,
There are many who believe that Technical Analysis is worthless in terms of being predictive of a future event. I obviously, feel otherwise, and attempt to share any insight I have, with anyone who is interested. "Foretold" was and is my choice of word, and no one should feel stupid if they learn something they did not know. It is one thing to learn the definition of a gap, quite another to know how to make best use of it. In trading, hindsight does not make money, foretelling can. Speaking for myself, the dialogue on this thread has certainly been beneficial, in addition to being a lot of fun. I have learned a thing or to from some, and hope some have learned a bit from me.
regards, glen |