Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (55243)	5/5/1999 8:58:00 AM
From: Wayners	Read Replies (1) \| Respond to of 164684

I created an indicator I call "Yanks". Its based on tracking and cumulating over time stocks that gap up at the open but close much lower. There are remarkable differences between securities. Also you tend to get a bunch of yanks in a row, especially on downtrends. Its a good measure of how hated a stock is. Take a look at a BAMM and it gets yanked almost every single day. It also measures the non-yanks, when stocks gap up and close higher. I look for these on downtrends as potential reversal patterns. My point is, I'm warry of this gap up as I expect it to be another yank.