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

To: dawgfan2000 who wrote (12174)	7/19/2001 1:09:18 PM
From: TechTrader42	Respond to of 52237

QQQ's was filled yesterday -- or at least within 4 cents (gap at 41.1, and yesterday's low at 41.14). The gap in the NDX was all but filled yesterday, too. With something like MSFT, it gives one pause, doesn't it? How soon that'll be filled is anyone's guess. (That would be quite a day tomorrow if it happened as soon as Friday, wouldn't it? Seems unlikely.) I'd like to hear views on this.

To: dawgfan2000 who wrote (12174)	7/19/2001 1:37:49 PM
From: TechTrader42	Read Replies (3) \| Respond to of 52237

To add to what I said, dawgfan2000, I wouldn't try to anticipate them by shorting (because who knows when they're going to get filled?). I'd wait for the gloomy day when it was clear that they were going to get filled, and set buy targets based on them, with the targets at the low end of the gaps. If they didn't bounce at the start of the gap and hold above that level, then I'd exit quickly. (That's how a trading pal taught me to play them, anyway.) No doubt others have other ideas. better ideas. In the meantime, I have more pressing problems, such as how to stay awake. The guy keeping the market moving must have gone to lunch.