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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (18101)1/14/2000 9:20:00 AM
From: Stu Bishop  Respond to of 42804
 
To anyone with an opinion on "filling the gap".

On this and other SI boards, I have numerous times seen references to "filling the gap". I assume this is related to TA, of which I am a novice at best. Can someone please explain the need to fill the gap in the low $40s from back in Dec? Is there a reason gaps must be filled? Is this simply a phenomenon that has been observed, but has no reasonable explanation? Is this a self-fulfilling prophecy -- people believe it so much that it comes true?

I apologize if this is too off topic. But if there is something to this, I can make use of it in the future. For example, I bought RIMM on a gap up, and it pulled back to fill the gap within a week. Should I have known that had to occur? If so, I would have waited for the pull back.

Does this mean Novellus (NVLS) has to fill the gap at $85? Wow!

Thanks in advance for any help, and best of luck to us all.

SPB