LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: David Meyer who wrote (1319)	10/17/1998 9:22:00 AM
From: LastShadow	Read Replies (3) of 43080

Responses: That wasn't my list on drillers. Gaps - I didn't even know that IQC had a Up/Down gap service, not that ClearStation had the Tag and Bag lists. What I have generally done is place the close as an alert and if at open that pops up, I look to see what happened and then revisit it in 30-60 minutes depending on the market. Generally I only play gaps on stocks I had on the watch list or that I have some familiarity with. Th reason is that I have already done a lot of trendline and support/resistance calculations and am familiar with the chart, so the decision making process is a lot quicker, and I am less likely to need to monitor it constantly intraday - which I can't do anyway. If I read about it here from a regulat poster or see it on the most up/most down lists and I have played it before I will go look at it. lastshadow

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