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Strategies & Market Trends : Complacency Indexes -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (1190)5/8/2002 5:54:55 PM
From: ajtj99  Respond to of 1487
 
Brooke, the gap I'm waiting to see filled is the COMP gap at 1306-1312 from May 2-5 1998, I believe. I think we'll see that this year, if not in the next couple of months.

BTW, I think that triangle has an implied target of either 1318 or 1169 COMP.



To: TechTrader42 who wrote (1190)5/8/2002 6:20:27 PM
From: Monty Lenard  Respond to of 1487
 
Well Brooke, in my opinion most of the gaps I see (including the ones one individual stocks) are now what I would consider breakaway gaps (takes mucho longer for those to fill----generally).

FWIW,,,,not much I am sure....boy I am glad I was not short MMM and NOC etc. Goes to show you how wrong I can be. I would have bet they would not run with money going into the naz stocks.

Oh...see why I said the candles (except for the very strong ones have not been working lately). The 3 crows (non reversal pattern) sure got taken out today. The mulit day patterns I have been letting slide lately as you know. Hell, I have been letting all of it slide lately.

Monty

Monty