Replies to post #55671 on Imagination TV Inc. (IMTV)

[Hadouken]

Incorrect. Another bad chart analysis. Please see willmakeitrain for better chart analysis.

[questions1]

So do lots of Companies. JPM has one between 29.75-29.13 that hasn't filled huge upside gap too. AAPL 426-440 roughly on these btw. Also one on AAPL around 55..... Not every gap fills. If tomorrow Steve threw down a PR or next week or whatever. Then on the quarterly there happened to be some revs that weren't expected. That gap would never fill. Some gaps just dont.

Oh on JPM not saying that won't fill it might. As a matter of fact I have had a buy order on JPM since dec 2nd @ 29.37 for 1000 shares..... maybe some day I will own at that price lol.

I play gaps a lot. I prefer to play futures gaps as 99.9% of the time they fill and you can super leverage with low risk in those cases. Anyway I'm rambling glty and GO ICPA.

[willmakeitrain]

Gap?..50% Retrace?.... a great way to make money in the market is solid TA / DD / and the willingness to be flexible in ones "theory" quickly .....

****#1 Lessoned I have learned in the market is be ready to change my TA as the market evolves. holding to the same "TA theory" is how the perfect pps or the great opportunities have passed right before my eyes as I just watched it go by thinking i could get a better pps while it never happening and i totally missed the chance at making anything .......

-the thought that ICPA will "retrace to a 50% level from here" is a perfect example of how a TA theory should be evolved and changed based on market direction. ICPA will more than likely on strong charting history bounce up from here, while smart traders will evolve their theory quickly, and buy in and take a 40-70% chance on an easy 2 week ride from here, while u simply stand there in your ignorant theory posting nonsense backed by poor historical proof or any real truth in any TA manner and while the entire time just letting the PERFECT entry pass u by........

*humility to change one's pattern is key in the market, in case u dont know the market could care less where u think its going...