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Non-Tech : Datek Brokerage $9.95 a trade

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To: RockyBalboa who wrote (12476)6/13/1999 6:47:00 PM
From: bob wallace  Read Replies (1) of 16892
 
yes info

that is the way these preopening bids and asks should be interpreted

if the bid goes up and the ask stays the same then it will open higher; conversely, if the bid stays steady and the ask declines then it will open lower

of course, sometimes the whole thing reverses right before or after the open, but the preopen bid/ask is often a good indication of things to come
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