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Re: Omnitrader post# 5852

Friday, 11/14/2003 9:53:27 AM

Friday, November 14, 2003 9:53:27 AM

Post# of 396422
Omni Thank you. I am presently paper trading your gap strategy with SOSA. Opening 2.43 and low of 2.38 in the first 3-5 mins. Looking whether I will be comfortable executing such a trade. In your post you had mentioned a 1-2 cents difference between the opening and low so as to maintain a tight spread...there is a 5 cents diff. here....how would you treat that.
Also, I was looking for the 50% retractment rule to apply for EDIG....If thats the case, isnt it already a sell indication? Please advise. Thank you so very much.

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