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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (9610)	7/20/2005 9:09:29 PM
From: Cary C	Read Replies (1) \| Respond to of 23958

>I really don't think that gap will fill soon. If it does .. it may be a Quick intraday< can't argue with a possible intraday fill but it would not surprise me if filled quickly. As far as gaps go, I think if they are over the moving average there is a very good chance they will fill just like DIOD did last week and VC did earlier when it gapped stockcharts.com[w,a]dacayiay[dc][pb100!b200!f][vc60][iut!Ua12,26,9!Uv25]&pref=G In the case of HD, compare HD's volume to VC's volume. The volume is why I bought HD. Increasing volume over the average daily volume for the stock. If the volume slows down before the 200MA gets over that gap, I would fully expect it to fill but right now the trend with volume is my friend or so I hope. In VC's case, volume is approximately 1/3 the daily average and it appears to me the gap was based on an upgrade biz.yahoo.com >Although production at the Big Three auto makers -- GM, Ford and DaimlerChrysler -- has declined an average of 5 percent per year for the past three years, Kimball said, the industry may be poised for a modest turnaround.< I don't see this holding the stock up but it is entirely if not more than likely possible I might be wrong. If you are looking for room in the folio due to the fact there are so many good opportunities right now because of market conditions, I am merely suggesting that there might be a better stock out there for that place in your folio.