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.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Iris Shih who wrote (19315)	1/12/1999 7:17:00 PM
From: dppl	Read Replies (3) \| Respond to of 69062

There are many types of exhaustion gaps, Iris. Every time a stock shoots up 2 points or down without resistance it means that no buyers are seller are present (they have based their orders on some kind of analysis I presume). This creates a waterfall effect or a sort of rocket effect. You don't know for sure if the gap is a final one - sometimes volume helps tell you (it should be very heavy), but there can be false starts. MU appeared to make one of these gaps but it kept going. I like to buy or short whenever I see the "waterfall" - up or down, so to speak. Thomas