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Gap up/down continuations


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#1 mcleert

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Posted 05 March 2010 - 09:51 PM

gap down by (9:40 am) and continued 1-5 Tues , 1-15 Fri, 1-20 Wed, 1-21 Thurs, 1-22 Fri, 1-28 Thurs 2-4 Thurs, 2-8 Mon, 2-10 Wed, 2-22 Mon, 2-23 Tues gap up by (9:40 am) and continued 1-4 Mon , 1-11 Mon, 1-13 Wed,1-14 Thurs, 1-19 Tues, 2-1 Mon, 2-2 Tues, 2-9 tues, 2-16 Tues, 2-16 wed, 2-18 thurs, 2-24 wed, 3-1 Mon, 3-4 thu, 3-5 fri. So, contrary to believers, I do not see an advantage of going long/short at open to catch a continuation until close. I do see an advantage to go long/short at open and get out by 11:am. Seems like this is the best play----get out of most positions by 11am. Then reset at 3:45pm. Occasionally you can hold till 2pm. but not often. These are index plays and not individual stock plays. The hard part is around 10:30am---seems like all the major players know where the Rydex funds make or get out of their early morning index positions.

#2 punter

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Posted 05 March 2010 - 09:56 PM

gap down by (9:40 am) and continued

1-5 Tues , 1-15 Fri, 1-20 Wed, 1-21 Thurs, 1-22 Fri, 1-28 Thurs

2-4 Thurs, 2-8 Mon, 2-10 Wed, 2-22 Mon, 2-23 Tues


gap up by (9:40 am) and continued

1-4 Mon , 1-11 Mon, 1-13 Wed,1-14 Thurs, 1-19 Tues,

2-1 Mon, 2-2 Tues, 2-9 tues, 2-16 Tues, 2-16 wed, 2-18 thurs,

2-24 wed, 3-1 Mon, 3-4 thu, 3-5 fri.


I think these are behaviours near bottoms or tops. Would you have the stats?

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#3 mcleert

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Posted 05 March 2010 - 10:45 PM

gap down by (9:40 am) and continued

1-5 Tues , 1-15 Fri, 1-20 Wed, 1-21 Thurs, 1-22 Fri, 1-28 Thurs

2-4 Thurs, 2-8 Mon, 2-10 Wed, 2-22 Mon, 2-23 Tues


gap up by (9:40 am) and continued

1-4 Mon , 1-11 Mon, 1-13 Wed,1-14 Thurs, 1-19 Tues,

2-1 Mon, 2-2 Tues, 2-9 tues, 2-16 Tues, 2-16 wed, 2-18 thurs,

2-24 wed, 3-1 Mon, 3-4 thu, 3-5 fri.


I think these are behaviours near bottoms or tops. Would you have the stats?


Don't think it is behavier, the stats can be found and manipulated to reflect an
individuals position. I just look at current monthly/yearly market movement. Last year or
the year before means nothing to me. The reason---the big players are working on current
monthly option action --so what do they care about previous year movement. Sure they look at
support/resistance/----but mainly overall option (front months)positions is their main concern.

I wish that option trading could be eliminated. Options are like derivatives to me. I know that
some people do quite well trading options. But then you never hear from the people who get burned on options. That does not sell news letters! Didn't mean to go off tangent---but I hate options!!