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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (41335)	11/20/2000 8:07:18 AM
From: SE	Read Replies (1) \| Respond to of 44573

Yes, just checked that out. I see that the last three (all I have in my database) are 2/3. So I assume the one prior to my records was also 1U. I have a 1U, a 1UT and a 1D. Of the weeks I chose that should be similar to this week, neither of the Thanksgiving weeks were picked. The couple weeks prior did not resemble the last couple of weeks. I picked: 9/27/99 8/2/99 5/10/99 12/22/97 Looking at those particularily is how I made my call. Given where we are likely to open, it appears that the day may have flipped on me to a Low, High, Low scenario or what you have laid out, the Low/High scenario. In any event we shall see as the day progresses. I would not be surprised to see an A or a 1U or a 1UT at this point. I will stick with my times, but flip the chart at this point I think. On gaps, I have 14 TRUE Gaps and 10 closed, 71%. We have to open below 60.25 for that to come into play. There doesn't appear to be any pattern with respect to them closing. By that I mean I see that UP gaps and DOWN gaps both closed and the size of the gap did not matter. I have a -29 that closed and a -1.75 that did not. Nominal gaps occurred in all but two of the days in my dataset and it appears, without a count that about 85% or so closed.