There seems to be a new crocodile, the gap, lurking in the shallow, muddy waters of the market lately. One that likes to rear it's ugly head from time to time and remove a leg or some other valuable body part. It really seems to like to go for the cojones (like all good markets do! LOL) and I'm sure quite a few traders are speaking in a higher pitched voice today than they were a few weeks ago. Here are some assumptions that can be made about the situation. Don't know if they're true or not. 1. There has been a significant net loss amongst EliteTraders in the last month. 2. There has been a significantly increased number of large gaps lately in both individual equities and indices. Of course, the activity causing it occurs after-hours. 3. Nothing happens by accident in the markets. Someone is causing the gaps, they are not random or caused by general market conditions. 4. The market is a zero-sum game. Since many seem to be loosing lately, there must be some who are winning. As a general rule, when an individual or group is in the act of employing a successeful strategy the public, news media at large will hear nary a peep about it till after the fact (if it's legal). It will take place quietly. I don't know about you but when 60,000,000 shares on Tuesday say that an equity is worth $20 and then on Wednesday morning it appears as though 50,000 shares after -hours have decided the shares are really worth $12, or vice-versa somebody has GOT to be cleaning up, to balance out all the ones that have been toasted to a nice golden brown, since this is a zero sum game.