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Lottalead

12/20/06 8:15 PM

#18606 RE: RJ Trotts #18596

That is not what you want to see. If it opens that high, it will surely selloff all the way back to the bottom before making its next try at a reversal. No, we don't want to see any "gap and trap" moves..
Smart traders will not place any orders premarket, they usually wait for the end of amateur hour.
Remember, the amateurs control the open, the pros control the close..