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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (27256)	9/10/1998 5:14:00 PM
From: robnhood	Read Replies (1) \| Respond to of 94695

tippet, On my monitor at work , they start showing the dow almost immediately after the market opens. If only one dow stock has opened , (I would assume they are using last nights close for the rest), then you might see down 6 points or something. Actually this is interesting, since the chart would never show very large gaps . Never thought of it before. FWIW, russell

To: yard_man who wrote (27256)	9/10/1998 6:14:00 PM
From: HairBall	Read Replies (1) \| Respond to of 94695

tippet:How do you define gap? From one day to the next intra day prices do not overlap or at least meet, from intra day highs to lows. A shorter intra day interval chart may reveal a gap up or down that will not show up on a longer term intra day chart. A longer time frame will be more apt to close a gap before moving to the next time period. However, gaps to remain in effect at the end of the day, must not have been filled via retracement intra day. The Yahoo chart shows a gap. The Quote.Com (intra day actual minute) charts show no gap! However, when I pulled up the (intra day actual day) chart it did show a small gap down. (EDIT: Just before I posted this I check the charts again and the day chart showed no gap?) Look for yourself: quote.com The Dow Industrial Index rarely gaps. Often on days like today, the various stocks in the index stagger open. Regards, LG