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Re: JJ8 post# 46236

Monday, 01/11/2016 1:24:17 PM

Monday, January 11, 2016 1:24:17 PM

Post# of 63744
Doesn't take much skill or thought to realize you can take advantage of "sell the news" crowd. Seems rather thin to go back to .20 now -- but if you disagree: by all means, sell here @ .180

Algos walked this down with MMs stacking the bid. If you were watching closely like I was, you would've seen that they had a propensity not to fill ask slaps, many of which were instead filled well above the ask-stacking MMs - wherever there was available retail shares.

Another possibility is that they ran stops, closed gaps, and are bouncing the 20 and 50MA for the chart as well.

BAA

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