Re: Bquat's Account Talk
Originally Posted by
GUCHI
Hey all..... Do all those open gaps on I fund mean anything as far as being filled eventually?
Two things:
1) I fund gaps are different from stocks in that the underlying trades longer per day than the I fund. IOW, the stuff that the I fund is based on still trades even when the I fund is not, so, the next day, the I fund jumps to where it should be based upon trading that occurred in the world while the I fund was "closed."
EDIT: This is why the I fund is so "gappy."
2) And regarding gaps in general:
A filled gap merely states that the price has repeated the prices of a certain range, the gap. Has anyone considered that the price would have done the same thing even if there hadn't been a gap. Absent study, a gap is just a gap.
Very rarely are prices hit only once during a stocks lifetime.
Etc. etc.
Last edited by userque; 10-09-2015 at 07:58 AM.
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
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