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


To: TheStockStalker who wrote (12158)3/4/2001 4:31:11 PM
From: Dominick  Read Replies (2) | Respond to of 18137
 
I left out an important piece of info in the conversation. I'm trading an IRA. Unfortunately shorting is not an option.



To: TheStockStalker who wrote (12158)3/4/2001 11:19:37 PM
From: ggoom  Read Replies (1) | Respond to of 18137
 
Misunderstanding about ' Trader Vic II, (Vic Sperandeo), came out with some hard numbers that stocks that gap up will reverse 95% of the time in 10 to 15 minutes.'

It's been a while since I read it, but i am sure that he said

" If a gap-up stock reverses it will do so 95% of the time in 10 to 15 minutes "

He did not say anything about actual reverse ratio.

WJ