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Gaps Being Filled - Another Positive. Mastercard (MA) and Fluor (FLR)

A lot of earnings gaps are being filled… gaps are a controversional subject in the technical trader world (of which I am loosely associated, although I am more of a fundamentalist) - BUT we have to respect charts and frankly the world looks a lot scarier without them because all you see are stocks in free fall. I went many years without using charts when I first started and looking back now, I don’t know how I did it - it seems completely foreign not to look at them at this point. The controversy of gaps comes with the question - do all gaps get filled? No, not all gaps get filled, but a good many do. Let me show you two stocks I have sold off at higher levels patiently waiting for their gaps to fill - both just filled them in the past 24 hours….
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  8 July, 2008| Fundamental Analysis | @ 8:35

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