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To: Electric who wrote (12561)7/21/1998 1:17:00 PM
From: the options strategist  Read Replies (1) | Respond to of 42787
 
Electric are you out of LU.



To: Electric who wrote (12561)7/21/1998 1:23:00 PM
From: ViperChick Secret Agent 006.9  Respond to of 42787
 
Gap strat would have workeed if I had bought LU at the direct open, at market..
Saved 2 points about..>>>>>>

that is not one of the gap strategies that LS talks about

and if you think about it

buying a gap right at the open is VERY risky
you dont know if the gap will be filled
if it will break out through the gap
etc....

that is the purpose of waiting and watching for some kind of action that fits your criteria

if you buy at the open that is based on something else...
not just the gap really....
at least not a strategy i have heard of..if it is...tell me about it