Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote (495)	2/13/1998 9:11:00 AM
From: Piotr Koziol	of 2120

Ken, here is a news driven pattern. TTRIF had a news release on Wednesday February 11 about a deal with US Filter: biz.yahoo.com The price went up quite a bit on that day. Next day there was profit taking, but also people started to cast doubt on the accuracy of the news release. TTRIF kept going down all afternoon yesterday. Then the company decided to issue a follow-up news release to confirm the facts: biz.yahoo.com That was last night. Should we now expect a gap-up open? The price should at least partially recover... Thank you very much for a great thread. Please add me to your e-mail distribution (koziol@gaas.enet.dec.com) /Piotr

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