Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (24223)	8/13/1998 4:10:00 PM
From: Terry Whitman	Read Replies (3) of 94695

No original theories to present here, but an old one. A great opportunity for alert traders is at hand. Are you familiar with "gap" trading? Look at NAZ chart for the last 5 days: iqc.com Gap up on 8/7. Gap down on 8/11(tuesday). We have not yet closed this gap. Gap up on wednesday. We have not yet closed this gap either. Trending down since. Must be hundreds of stocks with same gaps. For those unfamiliar with the gap trading theory- In a nutshell: When gap up is closed, go long. When gap down is closed, go short. A great trading opportunity if ever I saw one. May the trend be with you, TW

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