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Strategies & Market Trends : GAP UPS

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To: Matthew Cromer who wrote (57)7/23/1998 10:32:00 PM
From: Matthew Cromer   of 111
 
FSFT--GAK what a terrible gap down. No more gap-up picks when the market is doing bad. Well, we will try again when the NAZ picks back up. 4 13/16 open, yecch, something like -17% from 5 5/8. No more picking up gappas when the market is in the toilet.

Fortunately I am not buying any stock yet until I see some results. A learning experience I guess. Probably not a great idea to try and get a gap up on a good earnings story second-day play anyway, earnings plays tend to falter the second day.

Live and learn.

Matthew Cromer
NETworthy
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