Anyone care to guess where we will open after the holidays? I left a small long position on and expect a 4-5pt gap up and intend to close the trade on the open. It's a bit of a crap shoot, but its been opening higher rather than lower lately and is worth a little risk.
My research says I have a 70% chance of making money on this and about a 20% chance of gapping up 3-7 points. Gaps over 10 pts have been rare lately.
So where do YOU think we will open? And why? btw, this is money i can afford to lose. Merry Christmas everyone!
My research says I have a 70% chance of making money on this and about a 20% chance of gapping up 3-7 points. Gaps over 10 pts have been rare lately.
So where do YOU think we will open? And why? btw, this is money i can afford to lose. Merry Christmas everyone!