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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Earthdog who wrote (6943)	11/18/1998 10:24:00 PM
From: margin_man	Read Replies (1) \| Respond to of 7247

Earthdog, A "gapper" stock will open higher or lower than the previous closing price. Does that mean it will go up a few points at the open or go down? Not necessary. It could open at the high or the low from previous day. Or a few ticks higher/lower. A few points gapped at the open need some news. And does that mean once it gaps up or down that it will sustain that gap throughout the day? Again not necessary. Stock can open gapped up but close on the down side and vice versa. P.