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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (96328)	4/13/2000 3:40:00 PM
From: John F.	Respond to of 108040

West, the last couple of weeks councils us to buy in late afternoon and sell before 2pm the next day. We have lost a lot more ground during the days than during the nights. Seems like the selling and shorting action picks up around 2pm. It just seems to me that, although it may usually be wise to close out positions at the end of the day to avoid waking up to a nasty surprise, the fear of a morning surprise is a little excessive, resulting in a big downward move every afternoon. Thoughts?