Friday, June 18, 2010 12:20:24 PM
It is Friday gentlemen and MM's have obviously decided not to move today. Lack of volume suggests that some MM's have been restricted from further shorting until the position clears but that is a personal assumption. Bid sitting, while not increasing the pps, does prevent MM's from sucking all the bottom shares which in turn will help our cause when they are forced to cover.
My suggestion for those who are having trouble watching this becalmed vessel log out and have a good weekend. The wind will be blowing hard here soon enough.
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