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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: eileent who wrote (42224)5/18/1999 7:17:00 PM
From: Jane4IceCream  Read Replies (3) | Respond to of 90042
 
Well, THAT's what most like to think and most hope for in real time. However, its never THE rule. And, I am guessing that alot of expectations in "gap ups" have been increased via the recent capabilities to invest over the Internet as we are doing these days and in relying on information found on the Internet. I believe, sincerely, that the market makers have caught onto the expectations of investors and traders recently and have caught many an investor or trader with their "skirts or pants" down hoping for big gaps at open.

So, I do not rely on them as much any more, yet I do find it very concieveable in many instances to expect those gaps. I notice the larger gaps up appear in biotechs with some miracle drug with tv or media exposure like GERN and ENMD recently.

Be real careful investing or trading on gaps. The market makers who read these threads find out what the market sentiment is for many stocks with news and can "sucker rally" you into believing its for real.

Hope that helps....just one person's opinion and by the way, I have only been trading about 5 years. Just a neophyte.

Jane



To: eileent who wrote (42224)5/18/1999 7:39:00 PM
From: Dublin  Read Replies (1) | Respond to of 90042
 
eileent,

I'm new to SI but have been investing for over 15 yrs. There are NO set rules for IPO's as to what to expect or what to look for. If you were lucky enough to get in on the ground floor I applaud you! RBAK is a great company (know a few who left my present company for them) but if you look at the track record of the majority of IPO's you will find that most end up back to or below where they started trading. Some of the internet IPO's have given people a false picture of how it usually turns out(PCLN comes to mind). Day trading has also increased dramatically, which has added to the euphoria. If you got out with a profit it's all good !!!



To: eileent who wrote (42224)5/18/1999 8:49:00 PM
From: max power  Read Replies (1) | Respond to of 90042
 
Eileen, did you get in the initial ipo offering through your broker or just jump in after it opened?