Thread: Bquat's Account Talk

Good point. A scary one at that.

Dumb question that I can't seem to get an answer that I understand or feel like it makes sense to me. Why do technical traders feel/say that these gaps always get filled in? If they do, that gap in may is a scary one at that!

Thanks guys and gals!

Originally Posted by Beester15

Dumb question that I can't seem to get an answer that I understand or feel like it makes sense to me. Why do technical traders feel/say that these gaps always get filled in? If they do, that gap in may is a scary one at that!

Thanks guys and gals!

Gaps used to act as magnets and got filled a little more quickly in the past. Now days a lot of gaps are news based and can go a long time to be filled because when the news changes 180 it gaps in the other direction. So some call these shadow gaps that aren't market based but are news based so no magnetism. Just my theory.

Does look like support held but is this trying to form a topping doji:

Thank you for your thoughts. Much appreciated.

Originally Posted by Bquat

Gaps used to act as magnets and got filled a little more quickly in the past. Now days a lot of gaps are news based and can go a long time to be filled because when the news changes 180 it gaps in the other direction. So some call these shadow gaps that aren't market based but are news based so no magnetism. Just my theory.

Originally Posted by Bquat

Does look like support held but is this trying to form a topping doji:

So much for that. Can't fight the news. Announced just days after election that Antivirus is 90 percent effective. Wow what timing:

So many news gaps to fill but now will all the good news keep coming? Short term I have no foresight anymore:

Originally Posted by Bquat

Gaps used to act as magnets and got filled a little more quickly in the past. Now days a lot of gaps are news based and can go a long time to be filled because when the news changes 180 it gaps in the other direction. So some call these shadow gaps that aren't market based but are news based so no magnetism. Just my theory.

Just a reminder. The coin was flipped very high in the air but will come down eventually.

Originally Posted by Bquat

Gaps used to act as magnets and got filled a little more quickly in the past. Now days a lot of gaps are news based and can go a long time to be filled because when the news changes 180 it gaps in the other direction. So some call these shadow gaps that aren't market based but are news based so no magnetism. Just my theory.

Gaps begat gaps in both directions. Over reaction to news in both directions between the two circles. Is this news based rally real?

Originally Posted by Bquat

Gaps begat gaps in both directions. Over reaction to news in both directions between the two circles. Is this news based rally real?

Looks like the top gap doesn't want to be filled. Things do seem to be calming down post election. Staying 100 G with no short term outlook:

Spidey does have a possible bear line: