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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: tech fool who wrote (10335)6/17/1998 9:43:00 AM
From: Chris  Read Replies (1) of 42787
 
To all: read this:

i've seen this GAP OPEN before. i dont like it.. as sonki said, we are openning on gap ups.

now the question is "where/how do we close?"

if we end up closing to FILL the gap open, then THAT IS BAD.

If we move higher from the GAP UPs, that is good.

do recall that BIG MOVES do START with GAP UPS. but are we ready for one? IS THIS GAP that kind of GAP that continues higher?

we wont know. in my opinion, the mkt needs more basing work. but the DOW is up 80 pts (maybe it wants to rally already) <gggg>
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