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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Chisy who wrote (7112)	12/8/2000 3:36:06 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

Chisy: A whole lotta gapping going on... : > INTC had that big downside gap in Sept from the 62.00 area to the 50.00 area... Most recently, from the 41.00 area to the 38.00 area... First we need to close the gap to 41.00... Then stay above that for several days... bigcharts.com Next, we need to close the gap to the 62.00 area... Only then can we attempt to retest the old highs in the 74 area... bigcharts.com The same is true for each stock whether the gap is above or below the current price... There is usually a retracement of price... Until the price is retraced, the momentum is usually in the direction of the gap... Jim