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Strategies & Market Trends : GAP UPS

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To: Howard H Bouch who wrote ()7/10/1998 4:46:00 AM
From: CharlieC  Read Replies (1) of 111
 
PPOD--late news caused a surge in price, and buying was strong into the close, w/trades above the closing price after the bell. Also, technical indicators turned positive and Thursday's action probably caused some alerts to go off.
link for news:
biz.yahoo.com
Notice the time on the news and compare to intraday chart. All this indicates gap, don't know if it will hold it, but should be a good one for trading all day Friday.
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