HSI gap up nearly 700 points this morning

Discussion in 'Wall St. News' started by joesan, May 14, 2007.

  1. Days with a big gap sometimes drop back and settle into a trend. Todays gap was huge and the resulting "ringing" in the market left little opportunity to profit from anything other than scalps.

    I don't think we'll see too many 680 point gaps (thank heavens) so I wouldn't adjust your systems :)
     
    #11     May 14, 2007
  2. thank you

    kiwi
     
    #12     May 14, 2007
  3. I consider this applies to my system as well.

    Thanks for advice Kiwi!

    P. S. Though it was a hard day indeed. One of trades exceeded my stop by 1 point and continued well in desired direction... Sh*t happens. :)
     
    #13     May 14, 2007
  4. for me, HSI becomes more volatile and trendless than last month
     
    #14     May 15, 2007