Tuesday, September 25, 2007

Filling the Gaps

The Q's gapped down then rebounded to fill the gap and some!

I bought QLD at $104.49 and sold at $104.99 for a $250 profit in 13 minutes.

SPY also gapped down then filled.

IWM also gapped down but is not filling the gap yet.

EWZ gapped down and filled. Finding resistance around the July 23 high ($70)

FXI gappped down and filled. Still below yesterday's high of $175. I am concerned about FXI having gapped up twice since last week and has not filled those gaps. Maybe it won't? I doubt it.

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