Stan, I'm pretty much a neophyte in a lot of this. Though I've been trading since before the '87 incident. I solicit information as best I can, and try to get cross confirmation from any available source. I simply called my broker and asked, since one of the "night owls" at the brokerage company I deal with informed me that a lot of institutional trading is done. I asked one of them to be more specific, and was informed much of this is done via Select-Net, and generally between say some large corporation or even banks. We can't even hope for that luxury. Look at the various hours across the world that various markets are open from Bejing to Frankfurt for example. Of course then, this affects the opening bell price. Hope this helps. Again, I truly believe your greatest asset is yourself. You want to know something, get out and find out about it the best you can, and then make that calculated decision. That's why I'm with this thread, and this company! By the way, after you find something out, then share it with someone else. That's the only way some of us will manage to survive, whethere it's with stocks, or life in general.
Excuse me for this little anecdote. Widows can draw social security at 60. In case you have a friend who doesn't know that. Sharing that information with a friend of mine, made her life much easier when she turned 60. Always trying to help.
Joe, any comments on after hours trading?
Regards,
JD |
