While the past couple of better behaving days for the market haven't necessarily signalled a change in the market's tenor, it has created some gap-ups for some stocks, one of which is CXW.
CXW has a bit of unfinished business in the gap-up it's left between last Friday's (1/28/05's) i-d h of 40.19 and yesterday's (1/31/05's) i-d l of 40.35. Given that CXW's recent c-w-h's breakout pivot point was @ 40.10, closing that gap should bring it within close proximity to that price level.
CXW's recent regression below said pivot point into former c-w-h price-consolidation territory (as low as 39.35 last Friday) was making the General feel a mite concerned. Its likely eventual return to do its "tidying up," by closing said gap, should present a buying opportunity for those who're interested (in the General's opinion).
You're welcome,l_s_g. No sooner did CXW close one 16 cent gap-up, then it opened another 16 cent gap-up in today's (Tuesday's) session, between Monday's i-d h of 39.56 and today's i_d l of 39.72. More "tidying up" to be done.
Another board is AES with riderlessbeast as prime poster. The 5 year chart for AES is similar to CXW except for being up 15-16X. The up 16X puts the long timers in a giving mode, as to advise. No former customers or employees post though.
That was a masterful explanation of "Board Etiquette". So good in fact that I would suggest Yahoo! use it as a required read for all new posters - also, a lot of old posters could do with a refresher course as well. Well done general - as usual. tt99
The subject 16� gap-up (from 40.19-40.35), mentioned in message #21563, got finished being closed, today. CXW's i-d l of 40.24, yesterday, closed all but a nickel's worth. CXW took care if that today (and then some), accomplishing it on a multiple of its 3-months ADV.