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ironjericoh

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ironjericoh

Re: ajb2189 post# 10794

Wednesday, 06/16/2010 10:05:15 AM

Wednesday, June 16, 2010 10:05:15 AM

Post# of 64445
You mean this urban legend? I don't subscribe to it. I've done some 500 share buys before. Only because it was all the powder I had left for the day and wanted to increase my number of shares. Yes, I am well aware of the "but those commissions you were paying" schpeel.

Urban legend of the "500" share signals from the MM's.
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.

Emo-trader: Someone who trades on emotion. Buys on pumped information with no DD. Sales out of fear and causes other share holders money and/or grief.

No respect for ANY emo-trader. (origin of word: from ME!)

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