Essam , earlyj, ALL : after hours trading not a level field
A few weeks back J. Cramer (STREET.COM) provided examples at YAHOO of after market manipulation by the "houses" to rig opening trades .
Essam wrote: " It is quite strange, however, that big companies like Merrill Lynch, Dean Witter, Paine Webber, or Morgan Stanley do not offer any after-hours-trading services to individual clients. Only, Smith Barney does offer after-hours trades, but only on special request "as discussed in the article". "
It supports the theory one should never buy at the opening , and selling then can be risky also.
Here is a link to YAHOO and I notice Cramer is "chatting" at the close today : quote.yahoo.com
The Street.com is listed there and it may be worth your checking past YAHOO issues by Cramer .
Regards,
Jim K. |
