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Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?


To: Hans who wrote (3173)7/14/1999 5:18:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 4056
 
Makes you wonder, doesn't it.

No formula. The pre-open trading of brokerage houses and big traders sometimes give a clue. Of course you can't take part in that. The foolish market orders gives the specialist or market maker a free reign to drive it any way they want to. I haven't used a market order in years.

So decision is up to Specialist and MMs based on buy and bid orders they have in hand and what pre-opening trading suggest. The morning trades are more important than the after market trades.