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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (17778)6/18/1999 9:01:00 AM
From: HairBall  Respond to of 99985
 
heinz blasnik: this could be a runaway, or breakaway gap

Well, the percentages are against this. However, if the gap is going to be filled and keep the rally alive, it will need to be done very soon. Much of a delay would cause any fill to negate most of the bullish triangles on the charts now. And, this late fill would most likely be on the way down, as you suggest.

Regards,
LG



To: pater tenebrarum who wrote (17778)6/18/1999 9:42:00 AM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
timely.com

Heinz, angled inverted H&S, with a volume bullish gap across the neckline, targets the 708 area, retested the neckline yesterday and bounced off.

target of the october july measured move target 581 high - 454 low = measured move 708.

(did i hear somebody mention Dow 52,000 - somebody trying to out CHUK - wolanchuk -g-)

bb


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