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Pastor Phil

11/11/07 5:07 PM

#35863 RE: Recognizer #35862

we gapped down friday from 32 to 25... that specifically do we need to see to fill that gap, a pps of 32 or 25, or inbetween?
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redsox2445

11/11/07 5:07 PM

#35864 RE: Recognizer #35862

look for a gap up if Des announces no R/S and/or when pinksheets is updated
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Lindy

11/11/07 5:27 PM

#35868 RE: Recognizer #35862

so basically, a run up created three morning gaps. Now the market makers bring the pps down with full red candlesticks to cover the gaps. I don't think tails are allowed. Once the candlesticks go down past the last gap, "fill it", then the signal of a reversal is when the pps turns and moves up past the last gap? Is that about right? Then at this point it can create another exhaustion gap heading up.