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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Densiebj who wrote (38437)2/8/2001 3:34:33 AM
From: Doug R  Respond to of 79179
 
D,

I don't see a proper ACT on it so the IL system doesn't apply. It appears that some kind of squeeze has started as a result of ALOT of people seeing that gap. Wait for an outrageous volume day...maybe about 2 million shrs...then short it like crazy. Don't target it for that gap to close any time soon though. Just take the quick drop and regroup.

Doug R