InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,344.16
(
0.47%
)
US TECH 100
18,053.20
(
0.20%
)
Dow Jones
39,497.54
(
0.13%
)
Brent Oil
79.84
(
0.80%
)
Bitcoin
58,563.10
(
-0.27%
)
Post# of 76909
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

was StockSniper

Send PM Follow Ignore
Followers 21
Posts 3705
Boards Moderated 0
Alias Born 07/12/2006

was StockSniper

Re: srloan post# 45580

Wednesday, 12/19/2007 10:31:15 AM

Wednesday, December 19, 2007 10:31:15 AM

Post# of 76909
IMO.....what must have happened was that the MMs had a lot of inventory due to the recent selling...and lack of buying.
The MMs must have had a lot of shares to unload.....and when the sp didn't do what we expected yesterday.....some traders thought there was something we don't know happening....and dumped their shares....which further agrivated the situation.
I don't know how else to explain this??
1.21 billion shares were just retired for goodness sake!
All I can say...is....I'm not selling. Time will take care of the game playing.
SS
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up