MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: Stcgg who wrote (64496)	12/17/2000 8:59:15 PM
From: JRI	Read Replies (2) of 99985

St- You said you don't like to chase gaps, and you would like to see it come back (dip), before you buy... what do you consider a "gap"?....any positive opening....or up 30, or up 50, or up 70? Just curious, because I could see us opening up +50 tomorrow, and I'll be sitting there (should I buy? should I buy?) or wait for a dip (that may not come)..is up 30 too small to be considered your "gap"? I do hope the market opens red tomorrow (but not significantly)...tia

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