"Charge up up and away!!!!!!!!!"
or not...
or not...
A traditional idea is that the first 30 minutes of trading is emotionally driven ("dumb money") while the last hour of trading is based upon more reasoned analysis (institutional "smart" money). Lynn Elgert detailed the "Smart Money Index" in a Barron's article shortly after the 1987 crash++Quote from jnhighland:
How do you recognize the smart's money from the fool's money?