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Alias Born 07/16/2005

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Thursday, 11/20/2008 7:26:31 PM

Thursday, November 20, 2008 7:26:31 PM

Post# of 3653
Since the M101 board seems the most appropriate board to hear this, allow me to elaborate on something illegal that I saw today with one of my short-term plays.

After following CPE for the last few day (and watching it drop), I thought I spotted bottom (or close to it) this morning, so I took a position at 3.65. It was already over $1.00 down from the previous close ($4.68) and I figured it would bounce back atleast enough to make a few coins on. Wrong!

CPE flopped around the 3.60's for a spell, then dipped into the $3.50's. I kept holding. It came back, even to low $3.70's, but I figured it was good for more (of a bounce back). Not.

It dipped again, into the $3.50's. No biggie. I figured there was just some reloading before 'they'd' take it back up (from it's already oversold state). My bad.

They (sellers, MMs) took it into $3.40's. Around this time, DJ issued a 'buy' reiteration on CPE, amongst others. Natch, I thought this would do the trick and turn it around. Wrong again. That's what I get for thinking. Instead, they took it lower.

Figuring they would turn it around sooner or later, on a clear 'buy and hold', I continued to hold...all the way down to $3.05, where it did finally bounce...back to $3.40's. Not enough to save me from a small loss though. Instead, they then took it back down to $3.05 AGAIN!

Still holding (and knowing I should have grabbed more to average out), I just sat it out.

AS CPE very slowly came back, when it got back into the $3.50's, my TDA L2 all of the sudden wiped out the volume for the day, and started all anew, even changing CPE's true high and low of the day (according to TDA).

TDA's L2 showed a discrepancy between how much it had traded for the day, as well as what the true bottom was.

Point is, I have NEVER seen these things happen before, and were obvious 'mis-truths', though I have seen TDA 'misrepresent' things in MANY other watchlist and L2 ways.

Bottom line is: the market is lying and cheating the retail buyer/trader in such alarming ways, numbers and sizes, it has become totally unbelievable, even to the experienced trader. Sadly, the inexperienced will find themselves RAPED without even knowing where and when the 'Rapist' bent them over.

As a warning, I STRONGLY advise no one to trust the info that TDA conveys thru their watchlists and L2.

Aside from that, my patience allowed me to close out my CPE position at the last minute (literally), at .03 ABOVE what L2 was showing as lowest Ask, for a palpable 3% loss. Much better than had I bailed out of panic, at a much lower price.

Either way, I'm am still trying to figure out why they took MY shares, at the last minute, when there were clearly others for sale lower than me. If my druthers are correct, CPE will gap up, above the $3.53 close, which would explain why they took my shares at the last minute. If so, this would be clear evidence (to me) that 1). TDA 'controlled' CPE trading today, and 2). they knew today, what CPE will be doing tommorrow.

We shall see...at open, tommorow.




L~



"took me 3 long years to make a million bucks over night"

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