If we gap up Monday and do a gap fill and hold on Wednesday, I will cover shorts on Wednesday and go full boat long for about 2 weeks. If we gap down on Monday, I add to short positions and ride it for about 2 weeks.
What's the significance of "two weeks"? Seems dangerous to me to make that kind of committment- especially on the eve of a bunch of earnings reports and the daily accounting screw-ups.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.