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Re: acunuttall post# 89025

Monday, 05/21/2012 11:54:05 AM

Monday, May 21, 2012 11:54:05 AM

Post# of 147501
I will play the gap just because im a statistics person, and statistics say that MOST gaps fill. That's enough for me to wait to capitalize my profit rather than take a chance with a gap that size.

On another note, if it closes with a long green candle it would suggest a new trend but I think the resistance is much to strong. It may pull back and consolidate before making a lower low.

Like I said before, TA is like driving using the rear view mirror to predict whats ahead. Gotta wait to see what the market tells us.

Good luck to you

Everything I post is IMO. Trade at your own risk and good luck moving forward!

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