Wednesday, September 28, 2011

The Technical ‘Secret’ Everyone on Wall Street Already Knows

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tdp2664 InvestorPlace Serge Berger is the head trader and investment strategist for The Steady Trader . Sign up for his free weekly newsletter . Traders that took an early day and left their screens before 3 p.m. Eastern yesterday were unpleasantly (or pleasantly depending on their positions) surprised when they looked at the closing levels. What was a 15-handle range in the S&P 500 for most of the day turned into a 20-plus point nosedive in the final 60 minutes that ultimately closed the so-called "open gap" from the morning.



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