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Originally Posted by rockbear
Perfect thanks man...We will wait for the close hehe
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NP, and one thing about the open of the stock market, there is a saying that Amateurs open the market, Profesionals close it. What this means is more often than not, you will see stocks open high at the start of the market, even gap up, and then go the complete opposite way at the close...
This is why you usually want to sell your losers on the open, because chances are good that their price will be inflated. This is also why alot od day traders will short any stock that GAPS UP at the open, because usually the people who are buying at the open are the amateurs who just read the wallstreet journal and want to get into a stock.