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S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,266.40
(
-0.73%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
84.93
(
0.27%
)
Bitcoin
65,058.98
(
0.14%
)
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why_meil

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why_meil

Re: Pugsieboy post# 9974

Friday, 05/03/2019 11:34:38 PM

Friday, May 03, 2019 11:34:38 PM

Post# of 23619
The market makers control the price action here. Not buy/sell demand. If they decide to let this stock run up, the price will run up, and regardless of the OS.

They'll let this run again, after they're finished shaking out all the weak hands. They make their money on trades, regardless of price direction. Their goal in life is to do what it takes to entice more trades.

Right now they're capitalizing on the fear of shareholders. If the selling dries up perhaps they'll try the greed angle. That's when I plan to sell.
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