There's an upside gap between the 9/28 low of $118 and the 10/1 high of $109. I'm in at 100 and change riding 'till that gap is filled.
Sorry to say but the Oct 1st high was $118.50 NOT $109 and Sept 28 low was $118.62...a .12 cent gap but not much of a gap at all (unless my chart is wrong?)
luckyluciano you not see the gap down on 10/1/07? you blind???????? the stock has not filled in the down gap between 9/28/07 and 10/1/07. that usually means it is going down even further.
I have one question for anyone reponding here....Who if any have been here since the 93-02 period? My guess maybe one
you're right...me no see gap down from $118 to $109...me blind Indian chief! So far been going up...I'm long, you're short, let's see who wins! $111.25 hope it's not too painfull for you? (Did I understand you right...shorting from $100 and change??)
mid 2004 this showed up on my value screen. didn't expect it to have such a big run. 120 was too far too fast imo but could go beyond that price after xmas. it was funny to see the price drop below 100. margin pressures will come down the line but shouldn't show up anytime soon.
The stock was running up hill too fast... and it took a short breather... but I think it's gonna break out on earnings