Free
Message: note

The MM's upped the ask to .008, some trades went at and near it for a while, then they dropped the ask to .0072 with the bid at .0071.

This sort of thing makes the day traders sell a portion or all, thinking it will sink. It's called "shake the trees and see how many leaves fall."

Just one of their many games to create a spread, buy the shares for inventory, then raise the ask later.

Shorts at work as well.

JMO


Sep 10, 2010 12:01PM

Sep 10, 2010 12:08PM

Sep 10, 2010 12:17PM

Sep 10, 2010 12:32PM

Sep 10, 2010 12:38PM
1
Sep 10, 2010 12:48PM
2
Sep 10, 2010 01:01PM
1
Sep 10, 2010 01:11PM
2
Sep 10, 2010 01:13PM
Share
New Message
Please login to post a reply