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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (2602)	3/12/2001 12:49:35 PM
From: Paul Shread	Read Replies (2) \| Respond to of 52237

Don, it appears from a quick look at E&M (page 245) that high volume is a sign of an exhaustion gap. A close near the high of the gap could signal a reversal. A failure to follow through much further to the downside could also be a plus. Someone may want to double-check; I read it in a hurry, and their writing is often obscure. Two points in favor of an exhaustion gap: it is not the first gap in the move, and the downside target from the bear flag has been obtained.