Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Dave H who wrote (8411)	11/26/1997 3:34:00 AM
From: Doug R	Read Replies (3) \| Respond to of 79378

Dave, My short-term (3 months from POW report) target for RADAF is 17. 20 is an intermediate (3 to 9 month) target. And as clarification to a possible bone of contention: When I refer to a gap it is an open that is higher (or lower) than the previous day's close where the range on the day of the gap does not encompass the price of the previous close. ie (as a gap up example) a stock has a range of 19 3/4 to 20 1/8 and closes at 19 7/8 on Mon. It then opens at 20 1/16 on Tue. while the range on Tue. goes no lower than 19 57/64. This is a gap. If the low stays above 20, it's a gap above 20. If on Wed. the low is 19 7/8 or less, the gap has been closed. Doug R