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Re: None

Wednesday, 05/10/2017 3:54:59 PM

Wednesday, May 10, 2017 3:54:59 PM

Post# of 76522
Support bid to stop end of day painting. Any longs who want to help support the price and want to add to there position can put a bid out a tenth of a penny or a couple tenths below current ask price in the last 30 seconds of the day before close. This may help stop the last minute painting of the charts traders can do in last seconds before the close, which has happened on the days. Doing this can also help thin the wide gap between bid and ask and thus also help support price.

In my opinion.

PS. This goes along with my other posts about supporting price and helping upward momentum by buying at the ask... See my past posts for info about this other related topic.

imo