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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (64996)	5/9/2002 5:57:01 PM
From: Mike M	Read Replies (1) \| Respond to of 99280

Zeev, one thing I would do is put a stop to opening bell gaps. How practical is that? Gap's are caused by order imbalances. I would prefer being able to sell or buy at the market then hope that somehow I could be filled in a quota. Nothing wrong with gaps...It usually represents people who have been in the wrong place at the wrong time....and they are about to do it again...<g>

To: mishedlo who wrote (64996)	5/9/2002 7:31:52 PM
From: augieboo	Respond to of 99280

Mish, re Opening Gaps... I agree with you about the NYSE, but I think it's hopeless, because it's such an old boyz club. But I see no reason why the NAZ couldn't simply run 24/7. (Or maybe 4 a.m. Monday to 4 p.m. Friday, in order to allow for the various sabbath days.) Or, at the very least, get rid of the ridiculous AH ECN system! If we are going to have trading from 4 am to 5 pm Eastern, (or whatever), then just run the ficking NAZ that long every day! The dang thing, (NAZ), is nothing but a bunch of computers anyhow, right? augie

To: mishedlo who wrote (64996)	5/10/2002 3:17:11 PM
From: Math Junkie	Respond to of 99280

Re: "Personally, I think stocks should open where they closed. PERIOD. People want to buy based on that news they buy, people want to sell based on that news they sell." Those two statements contradict each other. The only way you can make a stock open at the same price it closed at is to force someone to buy or sell at that price. As for earnings forecasts, if you can prove that someone knowingly made false statements, fine, go after them, but the restrictions you are proposing are so sweeping that they would violate the First Amendment. Let's not throw out freedom of speech for everyone just because there are some who misuse it.