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Re: skatchmo post# 8013

Wednesday, 11/19/2003 10:01:59 PM

Wednesday, November 19, 2003 10:01:59 PM

Post# of 396422
nobody is going to be an expert on which stocks
are going to gap..
one of the simple things to keep in mind is whether
the stock had a lot of buying pressure and did
not really go up too high..a lot of people make
the mistake of thinking a stock that runs 50 percent is
an excellent gap candidate when in fact it is a great
trap stock for the next morning since the mm might have been
playing the double down theory to get his position back to even...

not to say it will happen,but a stock like IPVO that only went up 10 percent on news would be a better possibility than a URMP that moved 60 percent...

also charting the percentage of stocks that gap up lately is as smart as charting stock moves cause i am finding the gap and trap to be more of a mm trick than ever before ....

[chart]www.profile.ak.facebook.com/v229/1511/20/n1271503258_594.jpg[chart]
Disclaimer-i buy stocks on the advice of my lucky eight ball,please seek the advice of your owns balls before buying anything ....

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