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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (21066)	11/14/2001 9:09:17 AM
From: UnBelievable	Respond to of 209892

Not Even For A Futures Day Trade?

To: AllansAlias who wrote (21066)	11/14/2001 9:26:47 AM
From: JRI	Read Replies (1) \| Respond to of 209892

(You know this, but) Let's remember too...that yesterday and today, we are seeing huge gaps up at open.....however, net/net, the market was up "only" 21 COMP pts. yesterday... I'm not going to argue that volume wasn't impressive in the afternoon, because it was....but I could counter that new hi/lows has not been impressive on this latest run..and since COMP 1840, it appears that 60+ pts. will be gap...hmm.. We've seen this stuff before, and it sometimes/more often than not indicates a market being pushed higher (by you know who), and unable to break big resistence on its own....that strategy fails sooner than later if real buying doesn't drive market thru day....only real buying, IMO, is going to drive this thing thru the mountains of resistence coming up..(the next 100 COMP pts. after this gap up) And we still have all those pretty gaps left to fill...