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To: Jan Crawley who wrote (40240)2/16/1999 12:32:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

<If you have a small box position, gap up is a good way to day trade.>

I think gap-up-open can only happen if there are a lot of "buy at the market" orders placed before the market opens. This practice was very profitable till Jan 8. It has been not profitable lately. So I guess it isn't done anymore. However, I wonder if the SP futures are up a lot, maybe tomorrow we will see it again. I think there is a positive correlation there.

-Sarmad