http://www.elitetrader.com/vb/showthread.php?s=&postid=849920&highlight=buyday#post849920 FRIDAY= BUYDAY for normal merger monday risk free money $$$
More than meets the eye? ``The police did not have any advance intelligence of this, which is worrying,'' said Paul Wilkinson, chairman of the Centre for the Study of Terrorism and Political Violence at St. Andrew's University in Scotland. ``They will be concerned there might be other devices in the area or elsewhere in central London because if it is al-Qaeda one of their characteristics is to set off coordinated devices.''
Why would one want to initiate a fresh buy on a Friday NOW, hold over a weekend and basically hope that nothing disastrous happens between Friday & Monday? EqtTrdr, even though you keep posting oneliners I think you are a smart person. I could have agreed with you when a trend has experienced a change in a trend on the weekly chart depicting perhaps a W formation and breaking a weighted resistance level, etc. But we are at a point here where markets can turn and if and when they do they do it with massive amounts of volatility/volume. I look at a chart and I wish I could share your optimism regarding initiating fresh buys on a Friday and holding them over a weekend. Why, Sir?