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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (24667)8/19/1998 4:51:00 PM
From: HairBall  Read Replies (1) of 94695
 
James: I agree. My gut told me the market was going to be down today. My usual price/volume and time/sales analysis was to masked. However, I noted that IBM, JPM and AMR all had gaps to fill.

IBM always fills its gaps. AMR dropped down and filled its double gap today. I believe that IBM and JPM will do the same, "sooner rather than later". (Does that sound like Clinton?) Heck, even DELL has a large gap to fill. A lot of stocks gaped up in this move, leaving a lot of gaps to fill.

OT:
I am surprised you have not commented on the group of TEXAS ushers coming to your first tent sermon! <g>

BWDIK
Regards,
LG
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