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Re: xZx post# 75964

Thursday, 08/21/2008 12:48:08 PM

Thursday, August 21, 2008 12:48:08 PM

Post# of 107353
I dont know how to put this exactly other than to say this is the most bullish i have seen the L2 been able to behave in a long time.

In the past couple of weeks or months i guess if you had a bid of .605 and the next in line at .56, they would have taken the .605 out and pushed into the the .5's quickly. The sellers are definetly less agressive. I'm pretty confident PERT got its position covered in the 2.5 m share trade. Not sure who else was involved there but they are definetly less aggressive on the ask, wouldnt be afraid to buy here.