Wings-FPT Message Board - Msg: 13954395

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Strategies & Market Trends : Wings-FPT

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To: Didi who wrote ()	6/27/2000 3:19:00 PM
From: Didi	Read Replies (1) of 124

JDSU, short puts ~$100 level? >>>An experienced trader takes into account a lot of Gap related information. When greater volume occurred after upside (downside) gap, it indicates the strong new support (resistance). If greater volume occurred before the gap, then support (resistance) is less strong and probably the gap will be closed. Professional day traders usually sell (short) gaps up and buy gaps down because their experience shows that opening gaps are almost always closed<<<. wplace.com stockcharts.com[PC30!C50!D20,2!F][VC60][IUF!LH14,3,3!LL14] askresearch.com IMHO, wouldn't mind shorting JDSU puts if and when it pulls back to ~100. di

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