DCN just broke out

Discussion in 'Trading' started by Gary_McLaughlin, Jul 7, 2003.

  1. s
     
  2. Is gapping up to 16 at the open
     
  3. Gary,

    Are you suggesting there is a trading opportunity with DCN?
     
  4. metal1

    metal1

    i hope you know why its up:p
     
  5. lindq

    lindq

    Generally not a good idea to go long on an upside gap in a flat market environment, which this is after yesterday's rally. A dangerous trade. Statistically, if you are going to make any trade you are better off fading the gap.
     
  6. ElCubano

    ElCubano

    looks to me like he made his first post on 7/7 that would be yesterday, if thats so, he may have a made a freakentastic trade....:)
     
  7. metal1

    metal1

    you're right! it was yesterday. i hope he stayed long. nice scoop
     
  8. lindq

    lindq

    You are correct, ElCubano. I did not read the date, but just glanced at the chart.

    Gary_McLaughlin is invited to post more picks that are going to gap up the NEXT morning.
     
  9. Sorry for the late follow up. Yes, I bought it yesterday. I was hoping someone else was on board.

    Sometimes you get lucky.
     
  10. RFMD goes at the top of the list for tommorrow. Also watching ATMI, VTSS
     
    #10     Jul 8, 2003