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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Poet who wrote (59763)11/13/2000 12:23:48 PM
From: Patrick Slevin  Read Replies (1) of 63513
 
It's a difficult play. If it gaps lower after the Halt then covering quickly sometimes isn't viable.

One way may be to pre-plan a target Limit cover. That may work in such a situation.

Anyway, playing it one way or the other (gap down or gap up after a halt) is risky. I would say, if I had to guess, that a gap up after a halt is less likely as a rule.
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