Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: Rob L. who wrote (2652)	2/5/1998 2:39:00 PM
From: Rosemary	Respond to of 6317

Rob, I can look tonight, but we are having bad news again since my last post. The news is that they have come to terms with Monica, and since it came out the markets began to turn. So filling gaps may not be the worry. If she has something to say of any importance, I would have thought they'd have given her immunity by now. This stuff will cause havoc, and since it won't go away, we have to learn to live with it till all the gossip comes out. If Clinton is the end all and be all of these markets, then what will we do in a couple of years when he's out of office? Just when all was going so well.

To: Rob L. who wrote (2652)	2/5/1998 3:03:00 PM
From: Winstonwolf	Read Replies (2) \| Respond to of 6317

Rob, the gap occurred between 12/2 and 12/3 and is defined by 45 3/4 to 46 3/8. It's true that sooner or later a gap will be filled, but the timing is not predictable. Even with a breakaway gap like this it doesn't necessarily mean anything. But, JBIL moves fast and this gap is within reach. If you go looking for some kind of resistance point in JBILs chart, you can always find one - today for example by looking at Gann angles or a fan spread, both would say we've top-out for a few days anyway. I'm still on the sidelines because only two of my criteria have been met to confirm a solid trend reversal. I imagine your limit order will get filled though.