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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Dnorman who wrote (11346)10/17/2002 1:54:56 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
query: if the market gaps from A to B, flatlines, then (un)gaps from B to A and flatlines, is the gap considered filled?



To: Dnorman who wrote (11346)10/17/2002 2:18:25 PM
From: Jeff  Respond to of 30712
 
the oct 98 low was 1357.....and it wasn't tested again till sept 01.....and it held up till this past july before it broke....

stockcharts.com[h,a]daclynay[d19980817,20021017][pc9!c13!c20!d20,2!h.02,.20!c50!f][iLa4,9,5!Lh5,5!Li10,10!Lp14,3,3!Ll14!Lo14!Lb14!Le5,10,1]&pref=G

i just used that as an example of a bottom like 1108 we just had that didn't go back for a retest.....

da boyz might be lathering up the bulls and get them into thinking the same thing is happening again....

many bulls still don't admit this is a bear market....<gg>