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Re: Trading: What % of a gap down is considered a discount to attract buyers?

To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Trading: What % of a gap down is considered a discount to attract buyers?
From: John Manasco <manasco@xxxxxxxxxxxx>
Date: Thu, 5 Mar 1998 05:03:45 -0800 (PST)
In-reply-to: <34FE107C.5FEB446B@xxxxxxxxxxx>

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Harley

Seems to me the mini crash in October was driven by currency problems in
the Far East. When the dust settled no one could figure out what the
ramifications were so everyone jumped right back into their favorite
stocks. This downtrend will be driven by actual corporate news and may
not reverse quite as quickly. I don't think I'll be as quick to jump
back in this time.

John Manasco

References:
- Trading: What % of a gap down is considered a discount to attract buyers?
  - From: Harley Meyer

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