Quote from frank grimes:
Anyone who tries to xtrapolate the action on a half day or the day before a holiday is either 1)has not been trading very long, or 2) stuck in a losing posistion and praying. Neither option is someone i'd really listen to seriously.
Quote from stock_trad3r:
A 180 point rally in jsut half a day isn't bearish. it would have been up 350 points had it not been a half day.
Quote from Ivanovich:
Is this more stock_trad3r math? In a half day we get 180 points, so if we mutiplied the hours times two we'd have had 360 points?
What if we stayed open 24 hours? Would that mean it would be up 1080 points?
Are you aware of how stupid you come across?