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Re: pro-trader post# 87885

Friday, 08/20/2010 8:50:44 AM

Friday, August 20, 2010 8:50:44 AM

Post# of 233074
Looks like today will be more of the same. Get ready for the slam bam again. DO not put in stops. Shorts were high again yesterday
http://regsho.finra.org/FORFshvol20100819.txt and have been 40-60% on average each day. Now if news hits that will be great, but until they will walk it down and cover on the way up a bit each day. Gee, notice the pattern folks. For those that say it is not happeneing your eyes are closed or you are part of the daily P&D that goes on. I say don't buy or sell anything until we get news and let the MM just play with themselves and we put our sells in at $1+ and when news hits they have no where to go. You see the traders keep this game alive. The long and holds can only watch as it happens. Support acts as a goal to drive it down to so the MM's can cover. Traders are not our friends. Sure they create volume and attrack more tarders, but like vultures they are scavengers only and will leave when filled. They do not build any lasting value nor do they help the integrity of the stock itself.
That's my allowed one reply assuming it get's through.