Comments on: Pre-Open Highs & Lows and What They Indicate http://www.tradingtheodds.com/2009/10/pre-open-highs-lows-and-what-they-indicate/ A quantitative approach to profit in the US equity and futures markets, trading the markets like professional card counters are playing Blackjack or expert poker players are playing Poker. The key is to have the odds on your side and bet accordingly, knowing what, when, where, why and how much to bet on each trade or wager. Mon, 06 Feb 2012 13:40:20 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: TradingTheOdds http://www.tradingtheodds.com/2009/10/pre-open-highs-lows-and-what-they-indicate/#comment-4087 TradingTheOdds Wed, 28 Oct 2009 14:16:32 +0000 http://www.tradingtheodds.com/?p=23941#comment-4087 CarlosR, you're absolutely correct, I always refer to EST (not CET) and EDT respectively, but will use EST only. Sorry for any inconvenience this might have caused. Best, Frank CarlosR,

you’re absolutely correct, I always refer to EST (not CET) and EDT respectively, but will use EST only.

Sorry for any inconvenience this might have caused.

Best,
Frank

]]> By: CarlosR http://www.tradingtheodds.com/2009/10/pre-open-highs-lows-and-what-they-indicate/#comment-4086 CarlosR Wed, 28 Oct 2009 13:55:49 +0000 http://www.tradingtheodds.com/?p=23941#comment-4086 Hi Frank, One thing has been confusing me for a while. It's a small point, but it came up several times in your latest post, so I thought I would mention it. When you refer to time of day, you often use the abbreviation CET. I'm not sure exactly what you mean by that. I always thought of CET as Central European Time, but I *think* you are using it to mean what in the United States we call Eastern Standard Time. That is the time zone in which Wall Street operates, so the market opens at 9:30 am EST, for example. Is that what you mean? P.S. There is one additional confusing factor, which is Daylight Savings Time (DST). We are now on that, but DST changes to "regular" time this weekend, November 1. Sometimes you will see a reference to DST or EDT, but I think most people automatically know that if you say or write EST, you really mean Eastern Daylight Time when it's in effect, and Eastern Standard Time when it's not. Sorry about the long-winded explanation, I just wanted to understand your time reference better. Keep up the good work! Hi Frank,

One thing has been confusing me for a while. It’s a small point, but it came up several times in your latest post, so I thought I would mention it.

When you refer to time of day, you often use the abbreviation CET. I’m not sure exactly what you mean by that. I always thought of CET as Central European Time, but I *think* you are using it to mean what in the United States we call Eastern Standard Time. That is the time zone in which Wall Street operates, so the market opens at 9:30 am EST, for example. Is that what you mean?

P.S. There is one additional confusing factor, which is Daylight Savings Time (DST). We are now on that, but DST changes to “regular” time this weekend, November 1. Sometimes you will see a reference to DST or EDT, but I think most people automatically know that if you say or write EST, you really mean Eastern Daylight Time when it’s in effect, and Eastern Standard Time when it’s not.

Sorry about the long-winded explanation, I just wanted to understand your time reference better. Keep up the good work!

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