THQ,Inc. (THQI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : THQ,Inc. (THQI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brian H. who wrote (8594)	11/16/1998 11:37:00 PM
From: Sigmund	Read Replies (2) of 14266

<<<< 95% of GAPS are filled,<<<< But part of that is just statistical random walk phenomenon. Take any opening price.... gap or no gap, what are the chances that a price of say $1/4 under the opening will be touched again some time in the future? It must be very high. So that phenomenon ie. prices move both up and down may be responsible for most gaps being filled. One could just as easily say that the space $1/4 above or below a gap will be touched again some time. What are the odds of that happening? It may be the same as the odds of the gap being filled. And of course if gap filling is religion, then it may be a self-fulfilling prophecy. Does anyone have any data on this?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next