I think that the MM's read Dustys post and are trying to take advantage of it.
But think for a moment, many were of the impression last night that perhaps the MM's had screwed up yesterday and that this priceing was all wrong. Ifn fact looking at an opportunity to capitalize on a MM's mistake, not something that happens very often.
Now if you were a brokerage, and you too saw what was going on, would you want to sell anymore into the market, perhaps having to help cover in the end run? I wouldn't.
I do think this will get very volitle, and not for those who already take rolaids. But will sure be an interesting and fun adventure.
have fun,
