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

To: HairBall who wrote (47856)4/24/2000 11:20:00 AM
From: AllansAlias  Read Replies (1) | Respond to of 99985
 
re: classigying gap

LG, sorry. I understand we can only "classify" it after it becomes history. I was looking for educated guesses. I was really asking, does this big a gap-down surprise any of the more experienced? BTW, IMO, it would be far too simple to blame this on MSFT. It was too widespread.

--Allan



To: HairBall who wrote (47856)4/24/2000 11:27:00 AM
From: TheKelster  Read Replies (1) | Respond to of 99985
 
I see this as a continuation gap if looking from the highs around 5000. If you squint your eyes real tight and tilt your head just so you can see a consolidation-ish area balanced around the 3600. It's possible to consider this a breakaway gap from that "consolidation mean".


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