Probability question

Discussion in 'Technical Analysis' started by Optionpro007, Nov 20, 2005.

  1. Greetings:

    I was wondering if anybody has an answer to the following question.

    In reference to gaps. After price has marked a long trend, up or down,"if" there is a gap at the end of the move, would it be fair to say, that the possibilities of this gap occurring against the trend or with the trend will be 50/50 in the long run.

    Is this an accurate statement ?

    Thanks !