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It's not the MMs.

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JLS   Friday, 11/10/17 10:21:14 AM
Re: ChrisJP post# 3882
Post # of 4363 
It's not the MMs.

Don't you think that there would be a lot of traders taking profits after three massive up days? Maybe some pre-market news spooked them? That would surely bring the stock down as the market opens. Other traders with steadier motivation and a longer time frame will take advantage of that and the market recovers.

A good general rule is to not trade the first 30-minutes unless you have a plan ahead of time that takes advantage of the chaos that often emerges then.



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