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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: catchingwave who wrote (9683)3/27/2003 10:33:15 AM
From: gsp6181  Read Replies (1) | Respond to of 10157
 
Sorry for not being clear, it was that if the opening gap exceeded 50% of the prior day's high-low the market tended to move in the direction of that gap. Today it was Minus 7.25 which exceeded 50% of yesterday's high-low (which I computed as 5.75) using regular trading hours only. Now this does not work all of the time but the reliability has been pretty good. I have not back tested it but GrillSgt had some figures that he published ealier. Today on ES it yielded approximately 4 pts. if you got all of it from the opening to the low at 10:00 am. - George



To: catchingwave who wrote (9683)3/27/2003 10:36:31 AM
From: Triffin  Read Replies (1) | Respond to of 10157
 
Who knows ..

There's lots of "gap" rules .. <gg>

Go with the 'gap'
Fade the 'gap'
'Gap' and crap
Crap and 'gap'
Zap the 'gap'

there's more ..

Jim in Ct ..


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