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

To: Dave H who wrote (10168)	1/7/1998 11:09:00 AM
From: ivan solotaroff	Respond to of 79180

Dave, I think that maybe, just maybe, FRDM should give birth to another feline tag; the FRDM Effect, in which a screaming gapper makes a huge gain on a bottom that does not signal volume-wise. There must be a lesson in the tremendous return it gave from the non-signal day onward, about which, with limited time this morning, I can note two things: 1) It happened less than three weeks after the gap; and 2) it came on a day with a significant increase in volume over the previous TWO days, but only roughly equal to the third previous day. Thanks for the tip. Ivan