Thursday, May 21, 2009

This Morning's Gap

Looks like the market is poised to gap lower by over 1% this morning. Having already been down two days in a row, risk/reward typically favors the long side from open to close in these situations. It's something I examined recently here.

And any time there's a large gap about to happen you can always review the gap-related studies by simply using the "Gaps" label on the right hand side of the blog.

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