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Re: rockyv post# 7242

Saturday, 10/25/2003 11:07:27 AM

Saturday, October 25, 2003 11:07:27 AM

Post# of 36150
Rocky,

I was sitting here listening to music, thinking about my last post and it occured to me: Since we were going by highs and lowa (and not opening and closing price)I need to check the low and Friday. Sure enough, we did close that gap like you and BacchusII stated.

I was being conservative and going by opening and closing prices in my original post when I said the gap at 1836.


After re-examining the chart, if you look at 1 month prior (09-02-03) we had the same gap as 10-02-03: you can draw a line straight across. I guess that gap was more important than I originally thought. Now I'm more confident we go higher Mon., as Wahz said his indicator was way oversold.

I don't know how important gaps are, but all week, it just seemed to me that the $compx wanted to fill that gap.

Scott

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