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Old 10-05-2007, 04:34 PM
yi style yi style is offline
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Join Date: Nov 2006
Location: Chicago
Posts: 228
Default Re: Gap Trading & Investing Forums

he does have a strategy, but i know he doesn't have any experience putting it into use, and frankly, the strategy sounds a little too good to be true.

Here's some statistics he gave me:

Gap fill chances during the week:

Monday – 65%
Tuesday – 77%
Wednesday – 79%
Thursday – 82%
Friday – 78%

Also, gap fill chances given initial gap:

1pt = 10 Dow Points
1pt – 93%
2pt – 90%
3pt – 82%
4pt – 86%
5pt – 60%
6pt – 77%
7pt – 71%
8pt – 54%


So I guess what I'm wondering is if gaps generally fill, why isn't everyone doing this?

Also, are there any quality investing forums with good content I could check out? Thanks again.
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