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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: magicslr who wrote (394)6/9/1999 8:23:00 PM
From: Paul Viapiano  Respond to of 18137
 
<<<At the end of day does high volume and price appreciating (or depreciating if short) indicate a gap up will follow?>>>

High volume together with price appreciation is always a bullish sign in any chart but very often a surge in the last 1/2 hour or so of trading accompanied by very high volume is an indication of a gap up. It is probably one of the only times you will see a pro daytrader hold an overnighter.

I have had much success selling the gap within the first 1-20 minutes of trading.

Paul