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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dawgfan2000 who wrote (12174)7/19/2001 1:37:49 PM
From: TechTrader42  Read Replies (3) of 52237
 
To add to what I said, dawgfan2000, I wouldn't try to anticipate them by shorting (because who knows when they're going to get filled?). I'd wait for the gloomy day when it was clear that they were going to get filled, and set buy targets based on them, with the targets at the low end of the gaps. If they didn't bounce at the start of the gap and hold above that level, then I'd exit quickly. (That's how a trading pal taught me to play them, anyway.)

No doubt others have other ideas. better ideas.

In the meantime, I have more pressing problems, such as how to stay awake. The guy keeping the market moving must have gone to lunch.
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