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To: Luis who wrote (16518)5/11/1999 9:30:00 AM
From: Steeny  Respond to of 41369
 
This is not 100% However, often, when a stock gaps up or down on the open, it tends to move in the opposite direction for a little while before moving in the original direction again. Countergapping is a very popular daytrading tool. It is not fullproof. There are occasions when stocks just blast off and never look back. This is rare.