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Old 05-23-2007, 09:04 AM
bakrob99 bakrob99 is offline
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Re: Playing the Opening Gap

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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.
FYI ...
Those are John Carter's Gap Fill rules. They are subject to modification/change over time as the key stocks may change.

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