[Follow The Trend]

Hi Soultrader

I think you are right in many ways about amateurs having a big impact on the opening.

How many times do we see stocks marked up before the official open, on good news, and early buying from "private investors". After the early buying has slowed, many stocks seem to go into reverse and encounter "profit taking".

Then later in the day it often emergers that an institution has been dripping feeding stock out, to fill buying demand.