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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (24520)12/21/1998 4:46:00 PM
From: ivan solotaroff  Read Replies (1) of 79268
 
ASHW -- EDIT

Doug,

We've been turning a blind eye to that 4% gap-down (with the 50-60K volume spike at the opening) last Thursday. Are we being ... unwise? According to the rules, as you and I BOTH know, that invalidates the signals we've been operating on, doesn't it? It started with a gap closer to 9 percent. That's not chicken liver.
Spoken like a man who's averaged down.

Ivan

PS (EDIT): Any chance that IR dude was lying his a$$ off?
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