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Re: rand007 post# 29595

Thursday, 07/24/2014 12:36:21 PM

Thursday, July 24, 2014 12:36:21 PM

Post# of 97691
Would it be reasonable to suggest that MMs seek to establish a more controlled run up here as opposed to a runaway situation that burns itself out in one session? Ever time ( 5 today, by my count) 10s get tested, the get sqaushed back to 9s. Even a shot at 8 quickly bounced right back to nine.
This LOOKs like just enough pressure to squelch the fire in the bellies of many traders, but just enough pressure to smooth out the climb. ( More conservatively-minded investors could warm up better to a less volatile-looking scenario, as it were.)

Is this "plausible"? My computer banks show insufficient data to support a more refined opinion. Then again, my computer banks have personality problems beyond those of mere mortals.

Spock, standing by.