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Strategies & Market Trends : Analyze The Trade: Home of the T/A Archive -- Ignore unavailable to you. Want to Upgrade?


To: aldrums who wrote (223)3/12/2002 11:54:53 PM
From: dunlurkin  Respond to of 232
 
The NYSE open was 5.25.

Here are two of the only online sources for the official New York open that I know of:

tdwaterhouse.com
reuters.com

TDWaterhouse uses the NY open. Reuters gives you a choice. All other sources that I have checked, including NYSE.com, use the "all exchanges" open.



To: aldrums who wrote (223)3/13/2002 4:30:04 PM
From: Ta_Bo  Respond to of 232
 
The specialist did open LU at 5.25. So all our limit orders and their shares were put into the equation, and filled into the opening price. When trading NASDAQ issues, your limit orders out at target levels will often be filled pre-market. On the NYSE however, the specialist is controlling the open, and will fill all the orders that have been triggered by the gap at the opening price.

That was a nice one huh? I thought it would have a sharp drop, but that gap was a nice gift. About a 3 to 1 outcome.

Good Luck and Good Trading!

-Bo