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Fact. We either witness either 2 x 4

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jimtash   Wednesday, 06/25/14 08:46:08 AM
Re: MoneyWorksForMe post# 53985
Post # of 157975 
Fact. We either witness either 2 x 4 or 3 X 4 and mostly 3's and some 4's trade. And roughly 2 mi on the bid size at 2 or a huge lot of 200 mil on 2. And VFIN is sitting at 2 with an unknown amount to sell.

All anyone has to do is just pay attention when 3 X 4 is up and watch as the bid size goes from 2 mil down to 1.8 mil and right back up. Even though volume should wipe them out. Bid size at 3 is fake IMO. And when they are taken out, how it goes to 2 X 4. That's a clear signal that there are plenty of 3's for sale and once those are gone, 2's will follow.

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