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Alias Born | 12/07/2006 |
Friday, June 15, 2007 6:04:47 PM
Special attention to the mirror trades being mentioned in earlier posts...
Essentially, NITE traded this like a gray until the trade at 15:53:21. At that point, NITE moved its ask to .02.
Starting at the bottom of the tape, discount the first 20,000 trade out of time order, that trade was from the prior session.
Follow the trades up the tape, note block trades, and how they were settled on the other side.. a green buy number, followed by red numbers that equal the same amount when added together. On some occasions, all the mirror trades are not red, but upticks indicated by green, this signaled that NITE was about finished with its selling.
NITE has its inventory depleted at .014. No sellers wishing to sell until .02
Take a look, its very revealing what is happening with this issue, its all there, plain as day.
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