news, page-99

Dino I am intimately involved with The Australian Technical Analysts Association (ATAA) .... http://www.ataa.com.au/ ... whose members include "serious chartists" and technical analysts that are well respected Oz-wide, and even internationally. Some of the hysterical "gap must close" calls from public forums are a constant butt of many jokes that I personally have been privvy to. It is commonly referred to as "Gap Theory" and is not given much credence at all.

I have never heard one of these serious chartists refer or pay any credence to the word "gap" ... EVER! However the other points you make in your last post to me are all correct. But your first mention of the word GAP in relation to ROB was devoid of any reasons, or rationale ... Sorry credibility lost!!

I personally dont give a stuff about any gap ... I buy & hold stocks based on substance: my research, and my analysis of various technical parameters - both short & long term. So forget gaps!! The mere fact is that any stock will retrace on profit-taking after a big run.

ROB is not excepted!