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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (19948)1/9/2002 8:35:39 AM
From: JustTradeEm  Respond to of 99280
 
Gap down ?? Surely, you jest !!

If it weren't for futures induced gap ups, all this crap would sink under its' own weight !!

JB



To: orkrious who wrote (19948)1/9/2002 8:37:56 AM
From: Softechie  Respond to of 99280
 
It's also interesting that you hear more valuation and overpriced calls from analysts but markets at the moment don't care that much. This is sounding like momentum trading and seasonal expectation.



To: orkrious who wrote (19948)1/9/2002 9:15:13 AM
From: mishedlo  Read Replies (1) | Respond to of 99280
 
Never play for a gap down in this market.
CSCO down AH - Now up overnight
A gap down hardly ever happens.
When it does it is bought like lightening.

Either go long overnight or stay flat.

As soon as everyone starts playing for the gap up it will change, so I am not counting on gaps ups but the ratio is probably 8-1 right now.

M


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