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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (42576)	12/20/2000 8:37:26 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Both Housing starts and building permits were strong and this should give some more downside activity.

To: Patrick Slevin who wrote (42576)	12/20/2000 9:24:14 AM
From: SE	Read Replies (1) \| Respond to of 44573

HOLY COW! I struggled to find anything that matched yesterday in terms of points dropped. Could not and gave up. Went with the flow instead of the size of moves. Now this morning, a TRUE GAP....I am blown away. I mean shit. Most of my stocks are at zero already anyway. Now I am going to have pay someone to take them off my hands. Sheesh. Well, I am going to wait and see what happens. I have nothing to compare this True Gap to. I have three true gaps in my information, all closed and the largest was 6.25 points...big whip. I would venture a guess the thing to do would be like you say, buy the open, sell shortly after the open, say 1/2 hour to an hour, then look for a buy midday.