Why does the DJ have an "Open" and a "Close"?

[Buckrub]

For those smarter'n me.

Why does it have to stop every day??

????

[Captain]

So they can have an official starting and ending numbers. IDK :D

[airbud7]

Cappy, you sure are a smart feller...

[Bwana]

Perhaps to show trends?

[Thumper]

For those smarter'n me.

Why does it have to stop every day??

????

No different than your monthly bank statement.

[Big Muddy]

Ooops, sorry, I thought you said "BJ"....in that case, "open" made sense....."close", not so much, since that would involve teeth. ;)

[Hombre]

My guess to prevent serious volatility in the market. Notice most companies announce earnings after the close. If you watch after hour trading on a company that releases a miss the stock may be down 15%, on open it is down 7 or 8. It gives time for news, earning, and market data to be thought through and rational investing to take place. It also helps break the momentum of bad news creating a total meltdown limiting emotional investing.

[airbud7]

Damn Hombre...You are a smart feller too...:thumbsup

[Thumper]

More like a fart smeller. ;)

[Hombre]

Thanks Airbud I think your comment speaks to the theory of relativity. I'm not that smart but when you put a post in close proximity to a Thump post it makes one seem smarter, I think that is what Einstein's E=MC2 means.

[Buckrub]

BAM!

[airbud7]

hahahahahah^ Thump gonna come back with some ass whooping....

[Captain]

Thanks Airbud I think your comment speaks to the theory of relativity. I'm not that smart but when you put a post in close proximity to a Thump post it makes one seem smarter

Hahahahaha a that's a new Goodhunting Classic!

[BarryBobPosthole]

Thanks Airbud I think your comment speaks to the theory of relativity. I'm not that smart but when you put a post in close proximity to a Thump post it makes one seem smarter, I think that is what Einstein's E=MC2 means.

Booyah!

[Nandy]

Ahh, he is working in a good one!!!

[Thumper]

I get no respect around this joint!

[Buckrub]

Oh, Thump...... That's just not true!

You get ALL the respect you deserve, man!

[Thumper]

I suppose that's "none"?