DCN just broke out

Gary_McLaughlin · Jul 8, 2003

Is gapping up to 16 at the open

inandlong · Jul 8, 2003

Gary,

Are you suggesting there is a trading opportunity with DCN?

metal1 · Jul 8, 2003

i hope you know why its up

lindq · Jul 8, 2003

Quote from Gary_McLaughlin:

s

Generally not a good idea to go long on an upside gap in a flat market environment, which this is after yesterday's rally. A dangerous trade. Statistically, if you are going to make any trade you are better off fading the gap.

ElCubano · Jul 8, 2003

Quote from lindq:

Generally not a good idea to go long on an upside gap in a flat market environment, which this is after yesterday's rally. A dangerous trade. Statistically, if you are going to make any trade you are better off fading the gap.

looks to me like he made his first post on 7/7 that would be yesterday, if thats so, he may have a made a freakentastic trade....

metal1 · Jul 8, 2003

you're right! it was yesterday. i hope he stayed long. nice scoop

lindq · Jul 8, 2003

You are correct, ElCubano. I did not read the date, but just glanced at the chart.

Gary_McLaughlin is invited to post more picks that are going to gap up the NEXT morning.

Gary_McLaughlin · Jul 8, 2003

Sorry for the late follow up. Yes, I bought it yesterday. I was hoping someone else was on board.

Sometimes you get lucky.

Gary_McLaughlin · Jul 8, 2003

RFMD goes at the top of the list for tommorrow. Also watching ATMI, VTSS