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Re: sbtrader post# 9507

Sunday, 07/23/2006 8:54:33 PM

Sunday, July 23, 2006 8:54:33 PM

Post# of 169298
I wouldn't worry...but then again, have no idea what the level 2s will look like at 8 am.

But if past performance is any gauge of future results, we'll have an eye poppping open and early morning action, and then there will be a selloff in the afternoon with profit taking.

The time to buy is around 3pm or later, when daytraders have to close out their positions. I believe many daytraders will be buying in tomorrow, because with the DD available over this weekend, they know the price will probably pop in the AM.

That's just my opinion, for what it's worth. Tomorrow may be different, however.

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If you take anything I say as advice, then you're crazier than I am

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