Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-6.1%

3:59 PM EST

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To: jmac who wrote (6855)	12/25/1996 4:40:00 PM
From: jack c rains	of 186894

Jmac: I don't consider Tuesday's tick up on the opening a gap. It opened at the asked price of 132 3/8 from the closing price of 132 1/4 of Monday. Thus, this was just a "normal" up a little, down a little more, and then up big type of thing in Intel. However, one thing that I do need to say here is that my gap trading technique is more apt to fail when there is just a small gap of 1/4 to 1/2 on the opening as opposed to the larger gaps. So, all should be aware of this. Also, if Intel runs away either direction on you, it usually will move the opposite direction eventually sometime that day by one point - which would give maybe a better opportunity to buy it (if you missed it) or sell it (if you missed it). Good trading. Jack

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