LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (1028)	10/8/1998 8:05:00 PM
From: LastShadow	Read Replies (1) of 43080

Yes, on Fridays I look at them no later than 10:15 and usually around 10:00. The reason is that if its an up day, and Friday's tend to be when preceeded by one or two down days, there is a lot more morning volume and trading. I suspect part of this is traders offloading before the weekend, and some short squeeze/covering going on. At any rate. Also, Judy/Mr. Pink's and my favorite child fund managers are eagerto get off for the weekend and tend to do business a little earlier (which is why I think it starts later on Monday's, btw). Middafternoon Friday usually brings some surges in trading - about 2 instead of the 2:30 time frame I normally look for. Lets see, what else, oh yea, I usually wait until very close to close to exit if things are running up and I am not holding ovedr the weekend, as the price sometimes rise steeper on Friday near close.

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