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Re: Playing the Opening Gap
i took notes the other day on that CBOT video with KLAC MXIM NVLS AMAT.
playing GAPS-
KLAC MXIM NVLS AMAT
pre market
less than 30k 90% probability gap will fill
30-80k 80% probability gap will fill. 90% probability half the gap will fill
Take half off when half gap fills
80k+ 30% probability gap will fill, use breakway gap signal
10k on ES, 2k on YM
tuesday wed thurs, better odds than mon/friday
i did not quite understand why to look at these 4 stocks but it sounded like an interesting idea.
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