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Re: philsdaddy post# 28752

Wednesday, 01/14/2009 4:00:26 PM

Wednesday, January 14, 2009 4:00:26 PM

Post# of 86719
Someone wants to sell and is chasing the bid down, that's why the wide gap in bid ask, as they put in their order, the MMs go down more, and the chase is on. There's only a couple of minutes left, so they probably want out for the day. Also many don't know that you can sell at the ask price, so they always sell at the bid price, which the MMs love.IMO

Wasn't life nice when the hardest thing you had to do was chase an icecream truck :)