Morning Gaps:
With the exception of MRK, all are Modified Ups. The gaps off the closing were so small that I'm not sure if valid trades will be produced. I'm using 75% up or down, plus 2 ticks.
CSCO 60 5/8,61 7/8
IBM 125 3/8, 126 3/4
INTC 82 1/4, 83 1/4
LU 72 3/4, 73 3/4
MRK 132 3/4, 134 7/8
PFE 98, 99 3/8
Scott-
Any gap in a storm, or does a gap need to be a meaningful one to qualify? Also...originally I had understood it to be the average of the high and low, but recently you used a 75% figure. Which, or if both, when?
TIA,
Jay |
