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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (5061)12/28/1998 4:17:00 PM
From: tom pope  Read Replies (3) of 43080
 
>>buyers often come in at the close
so they don't have to chase the gaps<<


I believe some traders do that almost exclusively - trade the movers of the last quarter hour and sell into a strong opening the next day. Then go play golf until 3:30. I do know that I've often regretted selling stocks at the close when they were trading strongly.

The usual quiet day on the farm. RMII only moved 4 points in the last 30 minutes. Humdrum.

Hope I get a good gap on it tomorrow.
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