RE: PPS Action-Joe
posted on
Dec 30, 2004 08:39AM
I don`t know if I buy the MM signals theory. If there were more action, I`d buy it, but staying at ``status quo`` suggests to me that these are not signals, but perhaps some sort of ``balancing`` going on between MMs. And my only explanation for the ``trickle files`` at bid for you current buyers is maybe so the MM doesn`t show his hand to other MMs (enabling a clear playing field), though they should be better equipped to see what is really going on (or not! LOL). Only thing I feel relatively safe in saying is that this is not MM accumulation going on!
SGE