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Re: xxtrader78 post# 26955

Thursday, 05/20/2010 9:14:17 PM

Thursday, May 20, 2010 9:14:17 PM

Post# of 32425
yes, timing is everything. the market sold off bigtime today, and everyone was throwing the baby out with the bathwater. I agree with you, had news hit yesterday, when the stock was solidly positioned 4x4 0004x0005 and market conditions were favorable overall, we would have tested that 0006 level and had a different outcome than we had today.

a lot of people think that bulletin board stocks aren't affected by the big boards, but I would beg to differ.

Just one look at my screens today, and people were selling off everything. some folks do trade both big boards and micros, and if enough of them need to raise cash, it puts pressure on all the tickers across the board. plus you have the market makers who are also affected by all the trends across the board.

perhaps people will remember even just a month ago, we had a lot more big runs in the microcaps when the Dow was hitting its peak, than we have today.

its all connected.