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Re: k9painter post# 37459

Wednesday, 11/17/2010 4:42:37 PM

Wednesday, November 17, 2010 4:42:37 PM

Post# of 173209
I don't think they- the mMMs- will "let loose" out of the goodness of their heart. And since their motives- aside from making money- are obscure, it's hard to know when it will be in their interest to do so. One thing that does take it out of their hands is volume. That seems pretty clear from recent history. When volume goes up- price goes up. Increased volume seems to be buy initiated. But even on days when the price is up- as soon as volume tails off- you can see them locking in the price- usually at .05. I guess today a little lower. So with some news, like the last 2 days, volume was up in the morning and so was the price- but with the afternoon lull, the MMs take charge and back to .05. Pretty clear and somewhat frustrating. But I am optimistic that as the pace of developments and news increases, enthusiasm and volume will build which will put the buyers instead of the mMMs in the driver's seat.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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