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


To: ACAN who wrote (28143)4/7/1999 2:59:00 AM
From: Doug R  Read Replies (1) | Respond to of 79237
 
Allan,

MAV I can't quite get behind. The volume Tuesday saw it close in the lower half of the trading range. It could be construed as volume where the brief price rise was taken as an opportunity to exit.

MANU...Sheesh...the open was lower than Monday's close. A gap down. Although small, a potential bit of technical trouble. It has often been stated on the thread that a fresh gap down to a new low very often leads to a new incubation period. Ivan has had some good results with some that have had a small gap such as MANU had BUT...it's a greater risk IMO.

Doug R