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Strategies & Market Trends : Moufassa's Lair

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To: Silver_Bullet who wrote (268)	9/27/2001 8:54:00 AM
From: Wayne Rumball	of 13660

The new rule is nothing short of idiotic. If I buy a stock in after hours at 7:59 PM and sell it in pre-market at 7:01 am I am not a daytrader, even though I only held the stock for 2 trading minutes. But if I buy it at 7:01 AM and sell it at 7:59 pm I am a daytrader having held the stock for almost 13 hours. Well market liquidity should go all to hell in the next few weeks.

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