Saturday, June 16, 2007 9:52:54 AM
In the presence of information that Spooz will launch STV2 software in June it seems reasonable that market makers would want to begin any run up in SPZI price from a low price. But with an already boat load of purchased shares in their inventory the MMs don't want to move the price too low too soon.
I believe they (MMs) will have the price exactly where they want it prior to running the price - not too low and not too high but j .. u .. s .. t * * r .. i .. g .. h .. t : ). Then, if they can - and they usually do - they'll manipulate a deep/big retracement back down as far as possible with their usual bag of tricks before the next run.
Just thinking through some scenarios,
milo3
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