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Non-Tech : MB TRADING
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To: Darren who wrote (598)7/28/1998 9:57:00 AM
From: gbh  Read Replies (1) of 7382
 
--OT--

Darren, seems like a pretty simple rule, but I use it successfully quite often. Where I sometimes make mistakes, is that if a stock gaps up, past yesterdays high, then passes back below the high (say 1 pt.), and then surges back through the high, it doesn't seem to follow through. I still consider this a buy signal. Maybe I shouldn't since my success rate on this type of action is lower. Whats your take on this? Thanks.
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