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Strategies & Market Trends : LastShadow's Position Trading
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To: Jay Lyons who wrote (371)9/15/1998 12:16:00 PM
From: Walter High  Read Replies (1) of 43080
 
Jay,

Wasn't there a component to the gap strategy that takes volume into account also? Looks to me like NSCP is at about 1/10 of its daily volume around noon. I thought that to use the gap strategy, the stock should be projecting at least double its daily volume. Does that mean that at 10:30 a stock should have traded about 1/3 of its daily volume to be considered for the strategy? Any comments anyone, Last?

Walter High
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