Toll Brothers Looks Ready to Buy

So I spied John Thain talking about expanding the NYSE hours next year and it seems like 9 a.m. EST will be the new official opening.

Those hours will be even more of a killer for the West Coast crowd, but for us on the Eastern Seaboard, it's a no-brainer. I'm generally goofing off waiting for the 9:30 a.m. opening anyway, so it's just 30 minutes less to kill.

As for the impact on my trading, it's just about zero.

My orders are in well before the open anyway, and as long as each daily bar still represents open, high, low and close, I can't see any effect.

Pushing the close past 4:30 p.m. EST, on the other hand, would be a tremendous inconvenience. I'm betting that will never happen, though.

Today, the Nasdaq, Zimmer Holdings (ZMH - commentary - Cramer's Take), Toll Brothers (TOL - commentary - Cramer's Take), Elan (ELN - commentary - Cramer's Take), Wells Fargo (WFC - commentary - Cramer's Take) and Oracle (ORCL - commentary - Cramer's Take).

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Charts produced by TC2000, which is a registered trademark of Worden Brothers Inc.

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And that is the final word from the White Flint driving range, where the only local outdoor golf facility open this time of year has been sold off to developers. It's going to be a long winter.

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Gary B. Smith is a freelance writer who trades for his own account from his Maryland home using technical analysis. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Smith writes a daily technical analysis column for RealMoney.com and also produces a daily premium product for TheStreet.com called The Chartman's Top Stocks -- click here for a free two-week trial. While Gary cannot provide investment advice or recommendations, he appreciates your feedback; click here to send him an email.