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Hmm..the time to do that would've been earlier today (before trading closed). If you do tomorrow, the pre-trading hours, the floor traders (and options traders
by krishna2 15y ago
Hmm..the time to do that would've been earlier today (before trading closed). If you do tomorrow, the pre-trading hours, the floor traders (and options traders and hence probably the institutional clients) would've an advantage of half-an-hour before us retail investors. So the opening price itself will be low enough. From then on, it would just be the crowd/herd movement. As Buffet said, "the stock market is a popularity voting contest in the short term, but a weighing machine in the long term".