fwiw... Looks like the Nasdaq will gap down this morning by more than 10 points. Ran a quick history check using data from now-1990. How does the Nasdaq trade after gapping down 10pts or more? Specifically, can we expect tomorrowâs close to be lower than today's open? Results show that the probability of the Nasdaq trading lower after today's gap down are %67.5

"Results show that the probability of the Nasdaq trading lower after today's gap down are %67.5" I guess he'd be wrong about 32.5% of the time....

Regarding those probabilities...........how much on average would you earn when you're right & how much would you lose when you're wrong???

Yes. Leads to how about the distribution and cyclical factors.... At the end comes... the "Why?"s.... Anyways... this thread is going to end unless someone "mentions" some "significant" statistics.

The Nasdaq gapped down over 10 points this morning. I would expect the chances of Wednesday's closing price to be lower than today's open to be about 2-1