http://tradermike.net/2008/04/april_22_2008_stock_market_recap/ Stock market commentary & trading ideas. Stock market weblog (blog), swing trading, day trading, stock picks, technical analysis, stock charts, stocks. Fri, 25 Jul 2008 05:30:48 +0000 http://wordpress.org/?v=2.3.2 http://tradermike.net/2008/04/april_22_2008_stock_market_recap/#comment-9354 cloudsandskye Thu, 24 Apr 2008 02:40:52 +0000 http://tradermike.net/2008/04/april_22_2008_stock_market_recap/#comment-9354 "Need to" was probably a poor choice of words. It's been my understanding that common gaps are usually filled. See the last paragraph at http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysis and see http://www.thectr.com/glossaries/english.php#Gap “Need to” was probably a poor choice of words. It’s been my understanding that common gaps are usually filled. See the last paragraph at http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysis and see http://www.thectr.com/glossaries/english.php#Gap

]]> http://tradermike.net/2008/04/april_22_2008_stock_market_recap/#comment-9352 Bryan Wed, 23 Apr 2008 18:10:15 +0000 http://tradermike.net/2008/04/april_22_2008_stock_market_recap/#comment-9352 A partial fill of that gap could still happen and keep the short-term uptrend intact if it happened soon. Otherwise a fill would mean a breakdown in the short-term uptrend, which a lot of bulls really don't want to see. I think with 2 of the "4 horsemen" reporting today we'll get a good indicator of how the market should perform over the next couple days. Tech earnings have been good so far (GOOG, EMC) but AAPL likes to guide softly, right? AMZN is hard to predict sometimes b/c it's a retailer but it offers tech services also. I'm anxious to see what happens in the AH today. A partial fill of that gap could still happen and keep the short-term uptrend intact if it happened soon. Otherwise a fill would mean a breakdown in the short-term uptrend, which a lot of bulls really don’t want to see. I think with 2 of the “4 horsemen” reporting today we’ll get a good indicator of how the market should perform over the next couple days. Tech earnings have been good so far (GOOG, EMC) but AAPL likes to guide softly, right? AMZN is hard to predict sometimes b/c it’s a retailer but it offers tech services also. I’m anxious to see what happens in the AH today.

]]> http://tradermike.net/2008/04/april_22_2008_stock_market_recap/#comment-9350 Michael Wed, 23 Apr 2008 13:29:20 +0000 http://tradermike.net/2008/04/april_22_2008_stock_market_recap/#comment-9350 I don't know if any gaps *have to* or *need to* be filled but it could certainly happen. I don’t know if any gaps *have to* or *need to* be filled but it could certainly happen.

]]> http://tradermike.net/2008/04/april_22_2008_stock_market_recap/#comment-9349 cloudsandskye Wed, 23 Apr 2008 03:19:55 +0000 http://tradermike.net/2008/04/april_22_2008_stock_market_recap/#comment-9349 Doesn't the April 16th gap up need to be closed, too? Doesn’t the April 16th gap up need to be closed, too?

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