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Re: frankie_fillet post# 25563

Thursday, 05/06/2010 8:38:36 PM

Thursday, May 06, 2010 8:38:36 PM

Post# of 32425
also you have to watch the dollar volume. all of the .000s with large floats and OS that I've seen that really build a sustainable move to 001s or 005s and above eventually have a breakout day on dollar volume. some trade as much as 1 to 2 million dollar volume in a day.

this one hasn't even come close to a breakout dollar volume day. not saying it will, but if it goes that direction, you'll be surprised I think. and its more common right now in this market than I've seen in the last 10 years for dollar volumes to get big.
not sure who is investing/trading in the micros right now, but its a lot more capital than used to trade these in the past.