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To: faro who wrote (34050)10/25/2000 4:06:45 PM
From: donald sew  Respond to of 42787
 
Faro,

>>>> Yet today, I see a very simple gap filled let open on Oct 19 when the NAZ went up by 250 points. <<<<

Right now Im going with my short-term technicals which indicate that there is more downside. That doesnt mean that it cant do a little bounce first.



To: faro who wrote (34050)10/25/2000 6:59:40 PM
From: Robert Graham  Respond to of 42787
 
The trend remains the trend until it bends. Has the trend changed? Has the character of the market or sentiment changed in a significant way? Has the pattern of selling changed? Looking strictly at gaps may be seeing a branch of a tree at the expense of not seeing the whole tree, or for that matter, the forest, the bigger longer term perspective.

FWIW.

Bob Graham