Posted by 31 July 2003

Gapping Up… Again

Well this morning’s economic reports have the futures flying in the pre-market session once again. Were looking to gap up near the upper end of the trading ranges on the indices. Could this finally be the move that breaks us out of the range? I don’t know, but I do know that Rule #1 is staring me in the face. :-)

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Comments

  1. Posted by bjm on July 31, 2003 at 12:37 pm

    Watch WFSL. Going into SP400. 2.3 Mil shares to buy.

  2. Posted by Michael on July 31, 2003 at 12:43 pm

    that’s the exact type of move that my ‘rule #1′ is meant to keep me out of. Looks like a gap & crap to me. I would touch it until it took out today’s high.