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madmacs chart and thoughts, page-14

  1. 25,374 Posts.
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    re: elchagie chat Yes now we talk about it. and it has been backfilled

    both the 1.3 and 1.5 gap up on open today..
    as opposed to a few posts back where I was suspicious of the support above the Gap and asked Rogues if this may have been a prop.
    I had not watched it closely enough to tell..

    perhaps you may be interested in reading about Gaps

    This is Lord Elpus' from Hotcoppers Website
    and his library
    http://home.swiftdsl.com.au/~memed/

    also
    http://www.stockcharts.com/education/TradingStrategies/gapStrategies1.html

    what we have just seen on LMG are exhaustion Gaps
 
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