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. 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