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To: mishedlo who wrote (57684)10/24/2002 7:13:18 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I disagree, a gap down defeats the purpose of distribution IMO (at least a large gap down). As a matter of fact a small J6P gap up and steady crap makes far more sense no? Just theory here.

In any event, something needs to be done about this gang of dipsters who want to buy this..even for just a trade. They have to get screwed somehow.



To: mishedlo who wrote (57684)10/24/2002 8:25:15 PM
From: Petrol  Read Replies (1) | Respond to of 209892
 
Then we fall to HELL.

Mish, where do you see hell ending up?



To: mishedlo who wrote (57684)10/24/2002 10:26:06 PM
From: Abner Hosmer  Read Replies (1) | Respond to of 209892
 
We have already taken out the .618 retrace of the August high on all of the indexes. I think they give us a window dressing double-top for fiscal year-end by the end of the month.