Midnight rally

easymon1 said:
Naa, no need to get all up in rickshaw man's business when a data summary ala Laissez Faire would be hella better!

1buy the close 2sell the open 3make money 4goto1.

https://www.elitetrader.com/et/thre...ish-in-the-stock-indexes.353184/#post-5262555
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*sighs*

I miss the innocence of the old times.


P.S. Your BASIC program there is missing a few more lines.

Like the IF, THEN, ELSE lines that make a basic BASIC program more complex than a basic BASIC program.

4 IF money lost, then 5 fuck all, go back to 1, try again, else goto 6 retire.
 
Never a down day in the land of perfect, where everyone is a stock market millionaire


12.3.20 9am cst.jpg
 
Buy the close today folks, with the big unemployment report tomorrow, going long overnight may seem risky. Most are to afraid to take any position.

The pros know the easy money is holding long overnight, then sell the amateurs your inventory tomorrow. I'll start building my position between 2:45 cst and 3:15 cst
 
Rickshaw Man said:
.....The pros know the easy money is holding long overnight, then sell the amateurs your inventory tomorrow.....
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In Australia on the ASX I regularly witness daily the first hour being the strongest for the day, then a fading away, then just before close it picks up a tad.
However since September this year, I'm seeing lots of weakness at the close.
The way the mkt works here in Australia, mkt closes at 4pm and reopens for about 5-10 seconds at 4:10pm, where for a split second every stock can readjust, this is called the auction period, the 10 minute window is where traders can position themselves by either placing bids or asks.
Consistently since Sept I see stocks drop in the auction period.
But a very prominent observation on the ASX is the drop off in prices after the first hour of trading.
 
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