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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (19230)9/20/2006 10:50:06 AM
From: Galirayo  Read Replies (1) of 23958
 
>>Yes, if you look at closing price to opening price, but you could be the only one that does that. SONS no gap - really.<<

Well ... I don't know where I pulled 'my' Gap Definition but a Gap is from the Close to the Open. That seems to be a standard gap definition. That's one of the reasons I use Candlesticks. It's the Closing the Gap that I'm looking at differently.

I have been reading Gap Definitions this AM and I see that the ones I'm finding consider the Gap Closed if the Low of the day overlaps the high of the previous day.

So you are correct ... No 'UnClosed' Gap on SONS ""Yesterday""

But Hold onto your Socks today ... Todays Gap is HUGE.

BTW: I'm viewing the Gap yesterday as a Measuring Gap [continuation/runaway/breakaway] ... whether it closed or not.

stockcharts.com

Now I need to find out where I got "My" Definition from and either stand fast with it or use the Guidelines the Herd uses.
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