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To: Trumptown who wrote (286431)5/6/2004 8:43:41 PM
From: mishedlo  Read Replies (2) | Respond to of 436258
 
I understand that except that if it really bad I think no rally.

Look again at my gap up/downs.
I have the INITIAL gaps being reversed in most cases.

Barring a totally pathetic number (not expected at all), I expect a gap down and a rally on bad numbers and a gap up and crap on good numbers.

I guess I am saying fade the initial move for the most part.
I am not sure what happens on "neutral" numbers

That said, regardless of the numbers I doubt we mount a lasting rally here (which is why i have most of the rally attempts ending in failure).

M



To: Trumptown who wrote (286431)5/6/2004 8:52:09 PM
From: marginmike  Read Replies (1) | Respond to of 436258
 
I agree, but I think a bad number gets a crap then rally as people accept that