if you're going to play the gap down on BBW fine...i dont like the stock...big fat short interest on it...which can work in your favor if it starts to squeeze
BBW filling a gap on a 6 month chart , also filling a gap from june 06
sell at previous gap support...throw a sell limit out there at 26 or so...if it closes below 22.50, get out and move on (breaking gap down support)
blue chip...gap ups or downs at the open are only indicative of mkt on open orders...to either buy or sell. the specialist who works listed (NYSE) stocks is like a bookie...he wants equal action on both sides then makes the spread
he buys at 31.20 and sells at 31.21 all day and moves the stock with the money
if you're going to play the gap down on BBW fine...i dont like the stock...big fat short interest on it...which can work in your favor if it starts to squeeze
BBW filling a gap on a 6 month chart , also filling a gap from june 06
sell at previous gap support...throw a sell limit out there at 26 or so...if it closes below 22.50, get out and move on (breaking gap down support)
blue chip...gap ups or downs at the open are only indicative of mkt on open orders...to either buy or sell. the specialist who works listed (NYSE) stocks is like a bookie...he wants equal action on both sides then makes the spread
he buys at 31.20 and sells at 31.21 all day and moves the stock with the money
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