SI
SI
discoversearch

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.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: jack bittner who wrote (22714)4/10/2000 9:11:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
saw your profile.. 46 years of investing experience.. congrats..

as for gaps.

1) was the gap on high volume? Distinguish if the gap is in the index chart? In a stock?

2) does the gap get filled?

3) Once it hits the gap lower area, does it hold? If it does, then maybe it's time to buy on that dip.

4) If it doesn't hold and starts going lower (as you saw in today's NAZ action), then simply gap got filled and no further deduction can be made.

let's see if i can find a link on gaps.

again, congrats on your investing years.. any advice you can give to us all? and how have you "adapted" your investing in this new momentum market?

I think we can start a whole new discussion here on trading stories/etc/strategies.



To: jack bittner who wrote (22714)4/10/2000 9:34:00 PM
From: Chris  Respond to of 42787
 
well, couldn't find a website link on gaps.
i can give you books (many of them cover it)

BTW, the gap principle applies to all stock time frames (as bobby beara said, there was a weekly gap. that means there is a gap on a weekly scale chart time frame)

gap idea can be applied to bonds, currency, stocks, etc.