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What made you think that it "had" to fill the gap ... good gaps don't get
filled right away and bad gaps do. From here, that first move down to 1225,
rally and break of the 1225 low was the first clue that the rally was not
likely to consolidate and hold at high levels ... I had a daily channel buy
signal and was planning on holding for the first position trade I've done in
a while but bailed on the weakness and then went short at 1221. Not sure
where we are going from here but looks like the sellers are still in
control.
Earl
----- Original Message -----
From: "Don Thompson" <detomps@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, July 19, 2001 10:36 AM
Subject: Re: [RT] Intra-day market activity
> Personally, It has to fill the gap. All the longs at the open are under
wa
> wa.. oh that is painful ....
> next pivot or R level is 1219.xx. Thats where it should go..
> Don
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