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

To: Doug R who wrote (23714)	11/30/1998 12:55:00 PM
From: RWS	Read Replies (1) \| Respond to of 79251

ABTX Up from successful test of bottom of triangle formed by Oct lows and highs. RWS

To: Doug R who wrote (23714)	11/30/1998 6:25:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 79251

Doug, in your experience, when a stock does not hold a gap but closes below it, with this level of volume, does it not indicate distribution and more downside ahead? Or if Market makers short to slow a rally, do they sometimes play games with the gap price to shake out shares, for further upside ahead? I am asking this question, not to challenge you, but to learn...Comments appreciated...Mark P.S. Stock in question is ECHO--gap price was 3 1/2, I believe....