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S&P 500
5,464.62
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-0.16%
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US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
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0.04%
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84.41
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0.46%
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Givntake83

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Givntake83

Re: Wayne R post# 167

Sunday, 03/14/2010 8:17:21 AM

Sunday, March 14, 2010 8:17:21 AM

Post# of 1237
Curious action on Friday. Someone sells 2000 shares (165.00 worth) of stock at about 40% of the ask (obvious manipulation). Half the day goes by with no stops being triggered and no one panicing, the buyers come back and we close at the HOD. This maneuver is often seen just before news comes out and the SP moving up. It also seems to give us a pretty solid base around the 20 cent mark.

Be fearful when others are greedy, be greedy when others are fearful.

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