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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (49640)5/3/2013 4:00:30 PM
From: Fintas  Respond to of 220891
 
But that public figure wasn't buying a RUNAWAY gap at a record HIGH. He was saying don't buy a runway gap OFF the bottom. Big difference in my humble opinion. Off the bottom he SHOULD have been buying as history now shows for THAT gap did NOT get filled.

THIS gap UP at a record high will be filled. It is only WHEN.. IMHO

It'll be fun to watch how they do it. HMM let me see, flash crash, false rumor, or naturally?

Fintas



To: Kirk © who wrote (49640)5/3/2013 6:24:20 PM
From: Blasher  Read Replies (1) | Respond to of 220891
 
very good . . I think we agree overall . . but, yes, I was making a Trading point.
I like to always try to put the odds in my favor and avoid raising the risks when I don't have to.
If Monday continues Higher, then I will be Opening Uppers.
It is worth it, to me, once the Open started falling, to wait and see if Strength would come back in.
Since it did not, I avoided the possibility of a Big Drop over the weekend.
If it does move Higher on Monday, then I've missed some upside .. but gained some peace over the weekend.
OK . . that's enough for me . . . I think we DO agree overall.