Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

"i monitor a small basket of stocks, as a kind of proxy for the mkt., at specific time intervals. as i stated, my work showed increased willingness to sell as the mkt. rallyed into the close."
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leon...

I saw the same thing, but also noted that even though the offer size was often huge with a very small bid size, the stocks held and did not come down or came down very little, which is very unusual. I have often used the term "phantom buyer" for such things, and it usually happens when there is a buyer in the stock with a large "not held" order to buy. I also noted that this was happening almost exclusively in the large index stocks.

I wonder who.... <gggg>

mlsoft