Originally posted by LelandC
The greatest advantage to the specialist system IMHO is that it has a true opening print. I don't like the fact that nasdaq doesn't have a true opening print...
If you mean by "true opening print" that the NYSE opens at a price and just stays there for the next 30 minutes . . . why would you want to trade that?

In OTC, you get waves and mini-waves of buying and selling; the ride can be nauseating but there's movement, and last I checked price movement was how ppl made money in this game hehe. Opening games on OTC can be extremely profitable, especially if you're not too greedy and capable of reversing your position quickly. The first 15 minutes remains the best time to initiate short positions, as retail still seems to buy the open, especially on news.