Comments on: Market Leaders! http://www.chrisperruna.com/2007/09/26/market-leaders/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris http://www.chrisperruna.com/2007/09/26/market-leaders/comment-page-1/#comment-14299 Chris Wed, 26 Sep 2007 18:48:54 +0000 http://www.chrisperruna.com/2007/09/26/market-leaders/#comment-14299 Dima, I do think we will see a retracement for two reasons: 1. It is extended and has been running straight up 2. Stocks like to pause at psychological numbers (especially rounds numbers like 100,200, 300, etc...). I am not a buyer here if that helps. No setup for an ideal entry. Dima,
I do think we will see a retracement for two reasons:
1. It is extended and has been running straight up
2. Stocks like to pause at psychological numbers (especially rounds numbers like 100,200, 300, etc…).

I am not a buyer here if that helps. No setup for an ideal entry.

]]> By: Dima http://www.chrisperruna.com/2007/09/26/market-leaders/comment-page-1/#comment-14298 Dima Wed, 26 Sep 2007 16:37:50 +0000 http://www.chrisperruna.com/2007/09/26/market-leaders/#comment-14298 Chris, on Bidu chart, there is a gap up on heavy volume from around $240 to $280. If breakaway gap occured around end of april from $105 to $120 area, measuring gap took place in July from around $ 180 to $210 and now this gap from $240 to $280. Could this be an exhaustion gap and we will see a retracement soon? You throughts? Thank you. Chris,

on Bidu chart, there is a gap up on heavy volume from around $240 to $280. If breakaway gap occured around end of april from $105 to $120 area, measuring gap took place in July from around $ 180 to $210 and now this gap from $240 to $280. Could this be an exhaustion gap and we will see a retracement soon?

You throughts?

Thank you.

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