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To: AllansAlias who wrote (4449)6/7/2001 4:05:04 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
I'm just eyeballing here....but if the SOXX gaps up tomorrow (say from 696 to 725)....that would mean a 25% gain in 6 trading sessions (580 to 725)....which would equal (% basis) the longest part of the move in April....

Don't know how many days that April move took...will have to go look...

My point? I feel better about shorting any gap.....25% is a long ways in 6 (or 7?) sessions, even if its still going up....pretty decent r/r...



To: AllansAlias who wrote (4449)6/7/2001 4:23:50 PM
From: UnBelievable  Read Replies (1) | Respond to of 209892
 
What's Happening Allan -

You always are one of the best not to let the story get in the way of the market.

Too Much Jello?



To: AllansAlias who wrote (4449)6/7/2001 10:15:22 PM
From: Davy Crockett  Read Replies (1) | Respond to of 209892
 
Hi Allan,

Just had to respond, so... who is buying? I'm just watching & usually I don't watch. I just don't get it...the stuff that is going higher are only setting lower highs, on lower volume, many H&S, & many rising wedges... distribution or what?

What a crazy market!

Regards,
Peter