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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (6094)12/11/2004 2:54:07 PM
From: Galirayo  Read Replies (1) | Respond to of 23958
 
Sergio, Thanks ... and I'm so Glad you asked me about Gaps.

No they don't have to be filled and I don't worry about them too much till something more clear shows. Like a formation.

OI just broke a mini Ascending Triangle. Let's see if a Breakout follows.
bigcharts.marketwatch.com

But this one is an example of one that need not get filled. Sometimes you find this one following 3 Bullish Gaps which I can't find a reference for today.
hotcandlestick.com

Heres another.
hotcandlestick.com

But sometimes Gaps Have to be filled to continue. A lot of it is FA and MAs crossing or pushing up. Or other things like triangles. Add it all together to figure the rest out.
hotcandlestick.com

The Nasdaq did a Hirami day. Then followed up to confirm. It's in a Bullish Pattern now. Bullish Three Inside Up. hotcandlestick.com

And should continue up with that inverted Hammer and confirmation to the Pattern itself. This Hammer is not a reversal Hammer it's a Confirmation to the Pattern. [yes I said it 2 times.] :)

hotcandlestick.com

bigcharts.marketwatch.com

NAZ has pretty good support at 2100 as well.

For what that is worth. It could All Change at the OPEN !!! lol

As for MOT .. I don't know ... but I was not gonna get any more information. Just leave it overboard till it wears out.

Ray



To: Sergio H who wrote (6094)12/14/2004 3:51:11 PM
From: Galirayo  Respond to of 23958
 
Sergio, I want to say I'm sorry. I coulda waited for the ....

DCB .. [Dead Cat Bounce] on MOT. But I really had no idea how many more times it would get run over before it would cut loose from the pavement.

Ray