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To: Kip S who wrote (41540)10/6/2004 9:29:24 PM
From: Henry J Costanzo  Respond to of 213185
 
Kip......Think you may have something there...and I may have mispoken.....Been saying for some time, operating from memory (which, at my age, can be risky....g)...that the gap began at 40.

But checking a chart now, I see the low on 9/28/00 at 48.13, and the high on 9/29/00 at 29.00.........so if that's correct, that is the way I would define the gap.

If you do any further checking, please keep me informed....When I have time tomorrow I will try to check a statistical data base.....And thanks.....

So maybe we should now raise our sights from 40 to 49 or 50 ?? .....VBG



To: Kip S who wrote (41540)10/6/2004 10:24:22 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 213185
 
Kip....Staying up late....g.....Checked the historical record, which confirms that I was WRONG....correct gap does indeed appear to be 29.00-48.13.

No excuse, but what I may have had stuck in my mind was the presence of resistance at the early June and early August 2000 lows.......40.19 for the first, and 44.25 for the second.

So why don't we raise our sights to 44 now......vbg