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To: J.P who wrote (760)3/29/1998 9:49:00 AM
From: Mark Bartlett  Read Replies (1) | Respond to of 14101
 
J.P.

<<Why do you think,we could end up with an island reversal? >>

We have an exhaustion gap at beginning of Feb ... if we gapped up from here - we would have a runaway gap ... hence an island reversal (as I understand the term at any rate).

It may very well just retrace and fill in the gap ... but IF we get an island reversal, it would be bullish.

MB