LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (619)	9/24/1998 11:00:00 AM
From: Nazbuster	Read Replies (1) of 43080

Jay, You did GREAT on Monday when you entered a bunch of issues which gapped down. You bought, even when the DOW was TANKING. Based on your posted prices, you apparently bought early in the day before there was clear upward volume. What prompted you to interpret the gap downs as an opportunity rather than an indicator of further weakness from the prior Friday (which was down bigtime)?

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