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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: moufassa7 who wrote (34288)9/12/2000 4:10:00 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
One more thing, Moufassa. . . . you nailed it exactly right yesterday. . . saying:

2) thursday's head fake rally sucked in money that will have to be liquidated, perhaps extending your 4DML a few days.

[I had not considered that. . .but will not make that mistake again.]

In fact, the gap up caused a second 4DML right over top the first one. I'd be interested in knowing the percentage of times a significant gap up on the COMPX was followed 4 days later by a sharp drop in the final two hours of the day.

Rande Is