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Re: A deleted message

Tuesday, 02/02/2010 3:23:15 PM

Tuesday, February 02, 2010 3:23:15 PM

Post# of 79740
Interesting post. I have observed that a lot of the buying that can be accounted for comes from this board and I have been one of those buyers.

The only argument I have against yours is that for quite a while we have seen the ask uptick to fill an order and then drop immediately after it was printed. That suggests to me that the MM's don't want the price to go up. Frankly that is a pretty weak argument on my side.

So what you are suggesting is that we pull all our orders off of the books and then the price will either stagnate or rise. Do I have that right?

Very interesting interpretation of events, one I find hard to argue with.

I have pulled my orders.


BOREDOM, It's a terrible thing to waste.