SI
SI
discoversearch

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.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: IKM who wrote (5992)1/9/1998 9:39:00 AM
From: Oeconomicus  Read Replies (1) | Respond to of 27307
 
IKM, the theory is that when a stock gaps up or down, it will retrace to fill the gap before it can continue in the direction of the gap. I'm not a technician, so my def. may be simplistic and I'm not sure how reliable a theory it is (as reliable as any pure TA?).

Bob



To: IKM who wrote (5992)1/10/1998 7:03:00 PM
From: Anthony Ostroski  Respond to of 27307
 
IKM ,
I read about gaps in books but they just describe them and don't really say why they get filled so frequently. I just accept it now as technical phenomena backed by my experience of watching it happen. Laters...(Someday I will enjoy knowing the real answer if there is one)