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

To: Esteban who wrote (10534)1/14/1998 2:28:00 PM
From: Dave H  Read Replies (1) | Respond to of 79269
 
Esteban,

Do I have this right? 30-30 means:
a) there is a gap at the opening 30% or greater. The close in this case does not matter.
b) There is an opening gap less than 30% and the close down at least 30%.

thanks,
dave



To: Esteban who wrote (10534)1/14/1998 2:41:00 PM
From: ivan solotaroff  Read Replies (2) | Respond to of 79269
 
Esteban:

What does 30/30 refer to? I have a 26.5% gap on 8/8; that's what I'm going on, plus its tremendously feline behavior since then. My only reservation is whether to short right now at 6 5/8. I just KNOWWWW it's going down.

Ivan


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