Research Pit

[Waitedg]

Doublooon - Does the removal of the "e" mean that tomorrow at start of trading a person trying to buy or sell will have to use the new symbol immediately? I think it will be bullish, but am wondering if the change will create an immediate "wake-up call"--sufficient to affect tomorrow's opening.

I freed up some more funds and placed a new order at the ask of .89 at 3:45. New broker--and I hit the buy to cover rather that buy and voided the order. Perhaps it will all work outokay as I plan to add tomorrow unless we have a gap up oening.

Reviewing the April 25 qnd 26 trades:

24th close 1.26
25th Open 1.26 high 1.50 Low 1.25 Close 1.45 up .19
26th 1.41 1.48 1.39 1.48 up .03

I see a strong parallel here. I thus hope to get in at or near the opening. Tomorrow should be a consolidation day. Monday near close might be a short term peak. What i can't factor in is the effect of the "e". Agree with you Lonestar it should be positive. Psychologically it may mean that the average investor reads this as the cause of the drop--which is positive.

Interested in any comments. Waitedg