If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
And look, I know I have no chance of winning this thing with GooG. If the stock dropped $30, that's less than 10%, and that isn't enough to win. But I am hoping to be in the green, at least.
thanks, man, do you see the brkout setup with FTD?
You're about my age, I believe. I took in the Steely Dan concert (w/ Michael McDonald) last night at the Aladdin in Vegas. Great show, better arrangements than in their show of about 2 years ago. ("Goin' to Lost Wages..")
Not going to take GOOG short today. NEM short instead. Thanks.
NewB, I think you made a wise switcheroo. But don't forget, Spike's still predicting EBAY to fill the gap to 15.87 on Nov. 13, 2002.
And unless I'm mistaken, he still believes that 70¢ MFLX gap from Nov. 2004, when it went from a high on the 8th of 12.85 to a low on the 9th of 13.55, will fill also. (It came within $1.22 of filling on May 5, 2005.)
While I have my doubts about either of these gaps filling, I'd say the likelihood of the latter is easily many times greater.
Question: in technical analysis, is there no "statute of limitations" on a gap-fill expectation? Don't the odds of a gap-fill occurring diminish in time until they eventually approach virtually zero probability?
Comment