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

To: ivan solotaroff who wrote (9997)1/5/1998 12:10:00 PM
From: Esteban  Read Replies (1) | Respond to of 79214
 
Ivan,

I wouldn't worry about the PRRC gap on 10/28. Remember those were the 2 days of amazing volatility on the DOW. -550 point on 10/27 with a further steep decline on the open of 10/28, and then an explosive rebound. PRRC's daily bar for 10/28 mirrors that action exactly with a very strong close. All bets are off in markets like 10/27/97 or 10/19/87.

This one is not on my list. Do you think it's played out?

Esteban


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