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To: gsp6181 who wrote (7034)1/13/2003 11:17:53 PM
From: GrillSgt  Read Replies (1) | Respond to of 10157
 
Yes it applies both ways. I have not seen it fail since early oct. It has been dead on.



To: gsp6181 who wrote (7034)1/14/2003 12:05:13 AM
From: velociraptor_  Read Replies (1) | Respond to of 10157
 
Gaps are usually filled but not always. Chrysler stock has a gap from the mid 1970's that was never filled for example. I would hate to wait 30 years for that gap and still be waiting. Gaps should be taken in context. The more of them you have below and the closer they are, the more likely they will be filled for sure. Timing is the only guesswork. Huge gaps are almost always at least partially filled soon after, but again, don't count on it as a plan because it could take a while as well. I would look at how overbought/oversold something is and what kind of volume is associated with it too and whether there are any divergences building in some of the indicators.