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Strategies & Market Trends : today's chart

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To: Michael Quarne who wrote (605)9/21/1997 7:38:00 PM
From: sean sanders   of 1267
 
Michael,

One thing I've been wondering about gaps is... what happens when say yesterday's close ended with a bid price and todays opening opened with an ask? Looks like you have a gap, and unless you know(or watch) more then just a day chart, it may not follow the ever changing 'rules'. So then what do you do, play it as a gap even though it may be just a difference between the bid and the ask? or double check and see if it was just a difference between the bid and the ask and just play it as if it didn't gap?

You can see I'm also still trying to figure out the technical 'mystery' of gaps and T.A.

Sean Sanders
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