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Gap Down - In general shows a great number of banks Rate this Topic:
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wwrightjuly4
Posted : Saturday, June 24, 2006 9:45:38 PM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954

Large percentage of gap Downs on Friday seem to be banks or bank related.
wfc
sti
tcb
cfr
gdw
aso
rf
ub
cors
zion
wb
cma
ubsi
Deion
Posted : Sunday, June 25, 2006 6:53:06 PM
Registered User
Joined: 2/19/2006
Posts: 89
QUOTE (wwrightjuly4)

Large percentage of gap Downs on Friday seem to be banks or bank related.
wfc
sti
tcb
cfr
gdw
aso
rf
ub
cors
zion
wb
cma
ubsi


How are you defining a gap down and how did you find this information? I would be intrested in finding industries/sub-industries which gapped up.
malcolmb14
Posted : Monday, June 26, 2006 12:52:57 AM
Registered User
Joined: 5/17/2005
Posts: 221
remember guys ...statistically gaps always get filled
diceman
Posted : Monday, June 26, 2006 9:25:04 PM
Registered User
Joined: 1/28/2005
Posts: 6,049
Deion

Quote:"How are you defining a gap down and how did you find this information? I would be interested in finding industries/sub-industries which gapped up."

The "standard" definition for a gap is when today's low is greater than yesterdays high:

L>H1 (gap up)

or today's high is lower than yesterdays low:

H<L1 (gap down) .

You can create the scans yourself. Also the is a built in scan in
system sorts called "Gappers"

Thanks
Craig_S
Posted : Monday, June 26, 2006 9:27:49 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
Just sort MEDIA GENERAL INDUSTRY AVERAGES by the condition GAPPERS.

- Craig
Here to Help!
wwrightjuly4
Posted : Monday, June 26, 2006 11:37:04 PM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954

From Craigs above I used the supplied Fx

<optionable stocks> just a filter I use
<gappers>
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