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Re: 10thMountain post# 43459

Monday, 09/29/2014 5:14:32 PM

Monday, September 29, 2014 5:14:32 PM

Post# of 47295
I wouldn't put anything into that Nov gap still open. It was a runaway gap, true. But wasn't very large. And yes gaps need candle body fills, not candle tails. Great that your learning this stuff and applying it to charts you have interest it.

But you need to remember charts imply & project. Human though & action is behind this. Gaps are emotion driven and thus humans correct error in emotion.

Runaway are often the "few" that don't fill. Or if they do, it takes so long for them to fill, you don't look back that far to see the gap fill at all! LOL The difference with these and Breakaway gaps are, these are seen in climbing stock patterns, not fluxing. Retail is continuously positive or negative in a climb or walk down. So the direction just continues.



That gap would have meant something if it was large. Meaning worth correction, but it wasn't. Na, IMO too small and to long ago to have any bearing on investor phycology now.

May I ask, are you in trouble? Have a larger loss? Because I have a plan for that, if you are. No need to mention numbers. Just will post the plan if you like.


Welcome to my mind!


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