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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: trouthead who wrote (32977)10/20/1999 7:56:00 PM
From: Steve Robinett  Respond to of 41369
 
--JB
My point was not that after-hours traders are dim-witted. Whether the traders are dim or bright, they are definitely thin, a few thousand shares at most compared to 20 millions shares a day during normal market hours. I suspect much of after-hours trading is people trying either to buy a bargain or sell at a premium if they can find someone who's a little scared or a little greedy to accommodate the other side of the trade. The after-hours market has such poor liquidity that the real answer of whether AOL will go up or down tomorrow will come tomorrow when it goes up or down, not from any kind of hint from after-hours trading. Only massive buying or selling would actually give a hint.
Best,
--Steve