Don's openings and more for 2005

Quote from gam1111:

To Don Bright;

What type of things do you look for in your opening strategies?

You say you like to be on the side of the specialist. Do you look to see a big opening print with a gap and then see the stock fade the other way?

Do you put in orders right after the stock opens or pre-open?

Please share a bit of your wisdom.

Thanks.

Pre-open limit orders (buys and sells) based on fair value calculations, participating in about 30-40% of those entered, knowing that we have to be on the same side as the Specialist (who have been making money for 200 years, LOL).

Don
 
Off topic, but as I flipped through the channels during halftime of the Steelers game I just about fell off my chair when I saw Bob Bright playing in a TV poker tournament. And then he went on to win!

Send my congratulations Bob's way.

He said on TV it was his first tournament. Perhaps, but he's clearly played a lot of poker.
 
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