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Monday, November 20, 2006

Update - DIS

Pre-Market High: $ 33.30
Pre-Market Low: $ 32.98
Pre-Market Close: $ 33
Pre-Market High:$ 33.30
Pre-Market Volume: 60,100
Last Nights Price: $33.49

Regular Hours Open: $33.00
Initial Spike Price: $33.00
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.12 (-0.4% ) to $32.88
Time of Initial Drop: 9:39am
High for the Day: $33.12
Low for the Day: $32.87
End of Day Closing Price: $33.12, up $0.18

A short on Friday night would have been the most successful time to short, seeing as how there was little spike this morning. Certainly an indication that the after hours often dictates the action the next trading day. The weekend may have also been a factor since I don't think people were eagerly awaiting to trade this pick.

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