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lowtrade

03/05/12 9:32 PM

#63876 RE: 100dollabillz #63869

Many times the first gap in a run will not fill. And there is no time table for any gap to fill. Tomorrow the price could climb again. And the other gaps below don't fill for some time. TA & charting is meant to be aids for decision making. Not steps to follow.

I trust TA & chart history. I trade what happens. 2/29 I expected a positive pennant break to .58. On 3/3 I had concern of that happening. And today I'm leaning towards .15.

But thats based of expectation and reliability of TA & chart history. Anything can happen. Once the positive pennant chart pattern broke the wrong way. The positive feelings slowly turned to gaps below, from continuation above.