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challo

11/12/08 1:45 PM

#134638 RE: ajtj99 #134636

that's around the number we are looking for . . . .

remember this question I asked you?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33341260

challo

11/12/08 1:49 PM

#134640 RE: ajtj99 #134636

btw -

I went back thru the spy history, looking for gaps on the daily chart (not intraday) that could be filled. I do believe that gaps tend to get filled when momentum gets going. -g-

The open gaps I found are:
from 03-12(13)-03 between 81.10 / 81.53
from 04-28(29)-97 between 77.81 / 78.34
from 10-10(11)-02 low 77.07
from 11-04(05)-96 between 71.06 / 71.28
from 09-12(13)-96 between 67.73 / 68.13

The next minor gap is in the 45's but I didn't want to go there . .