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Re: grafix-max post# 49637

Tuesday, 03/11/2008 11:40:22 AM

Tuesday, March 11, 2008 11:40:22 AM

Post# of 97598
MM recognise volume coming in to the bids closer to the ask and in conjunction with that, sufficient ask slapping will encourage them to raise the ask higher. They recognise when the "switch" is turned on. Only in dilutive circumstances, which this is clearly not, would they hold the ask down in spite of strong upward inclined volume activity. It will move when interest is attained via material PR's and Symbol change.

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