Gap and trap | stockbee

4/26/2007

Gap and trap

I am noticing so many gaps today. Some are on below normal volume. Yesterday's move created the euphoria and clearly even minor catalysts and not so good earnings are leading to gap ups.

Now when market starts moving in gaps and stocks start moving in gaps after a long run, can correction be far away.

We are in an abnormal market conditions currently.

Note: I am aware of the comment widget not working in sidebar. This happens when blogger updates some software at their end. Will try and fix the code later to night.

2 comments:

jbu said...

Do you rec. the print or online version of IBD or does it really matter?

Thank you

Pradeep Bonde said...

They are exactly same.