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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Jibacoa who wrote (19166)9/15/2006 4:08:04 PM
From: Galirayo  Read Replies (1) of 23958
 
>>If you had applied that simple knowledge about the downgaps, you could have made a 34% profit<<

Gaps are a Function of Supply and Demand and Support and Resistance .. Momentum ... etc.

It's not the Gap that does Anything. You are trying to make the Tail Wag the Dog.

The underlying issue .. the Chart Formation .. and the market makes a Gap. And Not all Gaps are Created Equal.

So let me rephrase your statement if I may.

If you had applied the lack of knowledge about Specific types of Gaps and tried to Simplify it down to Just All Up Gaps or All Down Gaps are the Same .. and Got "Lucky" and found an Exhaustion Gap or Common Gap .. etc.

ttrader.com

Understanding the Underlying Principals of Gaps is Important .. IMO

Otherwise it's like saying .. "There's a Dog" ... It could in reality be a Puppy or a Rabid Watch Dog.
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