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

To: John Madarasz who wrote (41734)2/29/2000 12:01:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
John Madarasz: I don't see anything significant. Of course if the NAZ lifts off or tanks...significance will be assigned...after the fact...<g>

The gap is not effecting my expectation. I still expect the COMPX to pullback. It is a percentage play for me!

Of course, if it breaks above and extends that break, then the rising wedge will be negated. Chart formations are not 100%.

Regards,
LG



To: John Madarasz who wrote (41734)2/29/2000 12:35:00 PM
From: Box-By-The-Riviera™  Respond to of 99985
 
Does the big gap on the COMPX at the open mean anything?

I think it is called getting it wrong followed by immense short covering.

J


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