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Re: Zeev Hed post# 326569

Wednesday, 11/24/2004 4:38:55 PM

Wednesday, November 24, 2004 4:38:55 PM

Post# of 704044
Yes, I saw it and understood your plan. Still I think that those who believe in "closing the gap" - feeling uneasy until no open gap is left behind - want to see closed the single open gap rather than the "hole" between a series of prices and a higher or a lower series. Since I believe they're a majority, I'd expect the greatest buying pressure not starting until there. Anyway, that trip could be not for now, it looks like selling is not going to get 6 more down point at this round.

BTW, ARDI is an interesting "gap case" presently, since it's on the brink of falling in the hole built by a double gap - down, then up - but it's resisting the fall with all its forces.



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