Quote Originally Posted by Jay View Post
I remember Phraedus saying that never buy at open, wait about an hour for the price to settle - applies more to Aus than may be here, same with selling or sell near the end of the day. I should do the same - a couple of times recently bought near open only for the price to fall away a little
If you never buy at open, would that then be an invitation to sell at open?

I am of the opinion that it does not really matter what time of day you buy or what hour. Sometimes I thought I could see a pattern emerging with certain stocks for that pattern to be busted wide open by the winds of time.
If you are a long term investor (buy and hold) it is irrelevant, I am guessing only the traders would keep themselves busy with this type of thing.