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


To: gaj who wrote (1726)7/9/1999 2:48:00 PM
From: Don S.Boller  Respond to of 18137
 
gaj: Re: GAPS...permit me to disagree. If a stock has a range
yesterday (e.g.) from low of 4 7/8, to hi of 7, with close at
5 even...today opens at 6 - there is no gap (the stock traded
above 6 yesterday) JMHO. (If the stock opened at 7 1/4 - there
would be an opening gap of 1/4 point)...the old adage used to
be 90% of gaps fill in 90 days; 9% fill in 9 months; one per
cent never fill.
BWDIK
Don