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Technology Stocks : Full Disclosure Trading
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To: advocatedevil who wrote (4970)4/1/2003 5:03:39 PM
From: Return to Sender  Read Replies (2) of 13403
 
OT: I think the market was attempting to fill gaps created by yesterday's poor open. Your stops probably won't be hit because it did a good job of nearly getting there today. But what if AMAT tries to completely fill the gap from last Friday's close before falling again? It closed Friday at 13.23:

table.finance.yahoo.com

So imagine if you will a strong open tomorrow morning followed by more selling. Then you could be stopped out before your trade even has a chance to become truly profitable. Hopefully for your sake that does not happen because if you believe as I do that we are going lower even if we do get a brief morning rally then you would not want to get stopped out.

RtS
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