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Re: dbg1969 post# 14296

Wednesday, 12/15/2010 10:17:05 AM

Wednesday, December 15, 2010 10:17:05 AM

Post# of 23523
Look for mm signals on L2. Ive noticed an extre 0 on some so its not so noticeable such as 5,000 then we gap and or go up and auto needing shares ai a 100 signal.

JMHO GLTA

MARKET MAKER SIGNALS


Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.



100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal

My decisions are my own. I figure it out as I go. GLTU
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