MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: HairBall who wrote (12020)	4/26/1999 10:41:00 AM
From: Zog	Read Replies (1) of 99985

Has anyone given thought to how changing the market hours, particularly going 24 hours a day, will affect TA and other trading models? I know my "system" will become obsolete. Plus, it seems to me that unless the "big players" are willing to work all day long, the volatility will become incredible! Since it seems that most retail customers, aka JP6, are bullish, any postive news during the evening hours will cause tremendous spikes, as there will be no sellers, only buyers. Then, once the institutional traders get in, I would expect a significant drop in price. I hope they don't change the hours on purely selfish reasons. Perhaps we will have a BK before that to temper the greed in the market! Michael

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