Quote from Buy1Sell2:
Could be-- I generally don't use gaps anymore though due to the continuous electronic trading . I know what you are saying however.
Quote from romik:
to be honest with you I don't trade off gaps either, it's just that yesterday, throughout the day, all gaps have been filled apart from 1306.6 range in the cash index...and I assumed that it would have been likely for that one to be closed as well as the others. Instead of yesterday's late afternoon, it happened this morning...how the hell did Spike know about support holding up yesterday, especially in the time frame mentioned an all, he is one smart dude.
Quote from Buy1Sell2:
With all due respect to Spike, he is a mostly long player which generally works in this market. He did suspect the market moves well yesterday. One does not know by the way, they can only suspect.