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Strategies & Market Trends : GAP UPS -- Ignore unavailable to you. Want to Upgrade?


To: Matthew Cromer who wrote (57)7/22/1998 5:05:00 PM
From: Rene Madsen  Read Replies (1) | Respond to of 111
 
Yep, I agree. What do they do? (not that that matters of course, but I'm just a bit curious about what I put my dosh into ;-)
I looked for a thread on them here, but found nothing...



To: Matthew Cromer who wrote (57)7/23/1998 10:32:00 PM
From: Matthew Cromer  Respond to of 111
 
FSFT--GAK what a terrible gap down. No more gap-up picks when the market is doing bad. Well, we will try again when the NAZ picks back up. 4 13/16 open, yecch, something like -17% from 5 5/8. No more picking up gappas when the market is in the toilet.

Fortunately I am not buying any stock yet until I see some results. A learning experience I guess. Probably not a great idea to try and get a gap up on a good earnings story second-day play anyway, earnings plays tend to falter the second day.

Live and learn.

Matthew Cromer
NETworthy