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Re: wavxmaster post# 195679

Tuesday, 07/13/2010 9:33:34 AM

Tuesday, July 13, 2010 9:33:34 AM

Post# of 249519
We can expected a frustrating drop in SP on very small trades and not much upward movement on large trades as the MMS cover their position. Hopefully this will be offset by good news and the capitulation of other shorts as they scramble to cover positions. The article posted here on Market Maker strategy was an eye opener. Widen the spreads, hold the price, etc. May be worth a repost while we wait for news. Then again, Tuesdays are great news days, and maybe we will be surprised. Since the 4th of July fireworks I watched was a little lame this year great news coming out and 8 million shares short trying to cover would more than offset that disappointment.
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