Since little movement (price or volume wise) if any, now happens after the 1st hour, the NYSE will be announcing a change of hours from 9:30am EST to 10:30am EST.
This should make the remaining daytraders happy since they can now play the market and go to their jobs right after.
A second hourly shift is in the works, reportedly from 6:00pm to 7:00pm to pick the pockets of the crowd when they return from work. This move apparently is designed to counter growing competition from on-line casino operations which is being blamed for taking away revenue and the marginal players.
As always, SEC approval is expected.
Do we have time for a coffee break in the middle ?