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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: JustTradeEm who wrote (11343)7/1/2001 6:24:47 PM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
JB, the question is where do they pop from after the gap down at the open to correct the spikes? Take TBIO for example, it closed at 19, up almost 100% Friday. Those who were fortunate enough to short near the high may be happy to cover at 15. For me I'm going after the crumbs, would love to sell at anything in the teens.

By the same token stocks that were taken down artificially will gap up, will the gaps eliminate the Friday dips altogether? Will there be crumbs for the amateurs like myself?

Regards,

Tom