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wiesie
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This will keep you guys laughing all week, but I'm starting at the bottom and....will rise!
If a quote says close @ .17
after hours .28
does that mean today (Sunday) I would buy that stock from Scottrade for .28?
And where does the after hours price come from?
Sorry...but I WILL learn
Wiesie

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T e x
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here's a decent explanation, although a bit outdated; eg, no mention of Scottrade:

http://invest-faq.com/articles/trade-after-hours.html

The prices you're seeing, I think are merely MMs posting "wide parameters" kinda like dead man's brakes; immediately after close, you'll sometime see "ridiculous" spreads: Bid .00001 Ask 22.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Machiavelli
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some Brokerages allow account holders to trade after hours up to a certain hour.. which accounts for a decline or increase in price that you see as a afterhours quote.. i use it as a indicator sometimes as to what will happen monday morning when the market opens.. whether it will be a gap up or down ...

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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T e x
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quote:
Originally posted by Machiavelli:
some Brokerages allow account holders to trade after hours up to a certain hour.. which accounts for a decline or increase in price that you see as a afterhours quote.. i use it as a indicator sometimes as to what will happen monday morning when the market opens.. whether it will be a gap up or down ...

Wiesie, the Machster makes solid posts, continually.

machiavelli: when he's talking about sumpin you can see on the weekends, that's not relevant, right? The time periods you're tracking are like the half-hour before and the hour or so after the bell, correct?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Machiavelli
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quote:
Originally posted by BuyTex:
quote:
Originally posted by Machiavelli:
some Brokerages allow account holders to trade after hours up to a certain hour.. which accounts for a decline or increase in price that you see as a afterhours quote.. i use it as a indicator sometimes as to what will happen monday morning when the market opens.. whether it will be a gap up or down ...

Wiesie, the Machster makes solid posts, continually.

machiavelli: when he's talking about sumpin you can see on the weekends, that's not relevant, right? The time periods you're tracking are like the half-hour before and the hour or so after the bell, correct?

I believe stocks are only traded on business days (monday through friday) unless your trading in a exchange in another country that is a day ahead of us in hours and when it's sunday here it's monday there.. but i think i read somewhere that electronic exchanges (not sure which ones) will allow trading on weekends in the future... i only look at the afterhours prices on trading/business days..

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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