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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: Jay Lyons who wrote (4232)2/21/1999 2:21:00 PM
From: steve goldman  Read Replies (1) | Respond to of 4969
 
To add to Jays dead-on answer, it typcially has to do with an disequilibrium between supply and demand. If supply is greater (bad opening, bad news, etc.) the stock will gap down. etc. And while economists love stuff like that, and while traders would say that market makers will jerk it whichever way suites their fashion, to some degree, it is the primary cause.

Regards,
Steve@yamner.com



To: Jay Lyons who wrote (4232)2/21/1999 10:26:00 PM
From: Gringo  Read Replies (2) | Respond to of 4969
 
Thank you for the info. I guess a stock can gap down just as well
although I don't hear that.
Good trading to you.