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Re: rockie101 post# 114811

Wednesday, 10/28/2009 10:15:45 AM

Wednesday, October 28, 2009 10:15:45 AM

Post# of 730807
When the MMs take a stock down.. they trigger the limit loss sells that are set by traders.. Another common human tendency is to get scared and sell thinking it will drop down more. Over time, you can notice that when they take this down, invariably more people end up selling this than buying and thats when shorts cover.. the sellers are more than buyers but still the pps doesnt tank terribly.. they take it down about 10-15% everyday and once they are done covering, we will see a nice move up!! This Friday should be really interesting!! Everything changes if we get a decision on the 4 billion by THJMW.. and it can happen anytime. So, at that point, all that matters is whether you have shares? Because chasing this wouldnt be an option.. the MMs will take it up in an instant and sometimes not even fill you!! Wait and watch, you will see this repeated in most stocks!!

Anything that I post related to stocks is my own opinion and should not be considered an offer that you cannot refuse. But if you do refuse, my consigliere will be there to see you!!

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