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sometimes when it opens ridiculously far down it will reverse and trend
upward after about 30 minutes (stock market that is)
fwiw, phil
----- Original Message -----
From: Chad <canutek@xxxxxxxx>
To: Omega List <omega-list@xxxxxxxxxx>
Sent: Friday, November 17, 2000 11:57 AM
Subject: "Blackhole"
> I have been thinking about what impact over-night trading, the "black
hole",
> has on the following days action. If the gap between the regular trading
> session close and subsequent open is "x", What impact does it have on the
> rest of the day's trading? I'm considering both inter and intra day
impacts.
> The goal is to provide a real time trading strategy. Ill be testing and
> optimizing a number of different scenarios(e.g.. Cabal's opening range
> breakout).
>
> Does anyone on the list have any ideas? Maybe a colaboration... Thanks
>
> Chad
>
>
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