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Post# of 162847
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FillTheGap

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FillTheGap

Re: MacD100 post# 3231

Friday, 12/22/2006 9:08:55 AM

Friday, December 22, 2006 9:08:55 AM

Post# of 162847
I'm not sure the math you're using. You gapped open on the 15th at .0195 to close at .016 (are you referring to the HOD - I hope not). The current retrace is only at 15.78% (.003/.0195).

As I stated today's numbers will be very important. If you were to gap down then it would be a bad sign. Current b/a @ 9:00am is 16/17 so it doesn't look like it will gap. It would be nice to see a bullish engulfing day here. That would signal me that it was time to buy in. The concern is that the SAR is coming up quickly and the stock is well above its daily trading averages.

GLTY


Slow and steady is the way to go
All statements are my opinion and should not be considered an indication to buy or sell a security. Do your own DD.

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