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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: GrnArrow who wrote (3786)11/4/1998 8:51:00 PM
From: steve goldman  Read Replies (2) | Respond to of 4969
 
The specialist finds a place where 'supply' cross demand and that is generally the opening price. I have seen traders guage the opening bid/ask (which is sometimes posted seconds before the prints which might give youtime to get in a thirdmarket market order)...
But to be honest, I havent been able to derive anything from it.
perhaps someone could track data on the openign price relative to the opening bid ask, relative to opening futures, etc...
Regards,
Steve