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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Minos who wrote (10554)6/24/1998 6:29:00 AM
From: LastShadow  Read Replies (1) of 120523
 
Gap Strategy

Gap Strategy worked fine for at least three people who used it on RMBS from the mail I got. By 10:30 am the high for the morning was 54.5 and then corrected down in a minor selloff to 52.5 - if one set the buy stop at 54.5 it would have filled about 11:15 and you could have then exited around noon to 12:30 in the 58.5 range if you were watching the bid/ask spreads.

lastshadow
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