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Thursday, 05/26/2005 1:59:25 AM

Thursday, May 26, 2005 1:59:25 AM

Post# of 33129
I ran out of post today so had to wait to up date my MM eval for you. Tie this in with dragon's BBands and we have an early pull back. Add "swap fest" to your MM dictionary, now!

EOD final MM eval.

You just saw the MMs not let it go, yet get 10 more million shares traded until 3:45. The last 15 minutes you saw 10% of the daily volume traded or 3 million shares, mostly at .016 bid.

What does that say? I was wrong on expecting them to want profits. They wanted more inventory. (shares) IMO they used 3 million shares to bring in 7 million and traded the 3 million back to each other, to settle out, at the EOD. With a thank you to each other for a good days work.

Now we have seen, for the first time, what I call a swap fest. It is when MMs trade back and forth millions of shares to drive PPs up a little, to draw in volume. This is a standard practice with other pennies and I've wondered why I haven't seen it here before.

It's another example of my point, that MMs have more plays up their sleeves, to control the universe their way.

IMO when they reached the .016 point, on todays walk down, they saw that the swing traders would not come on their own, at .0162. So they sold 3 million share to each other at ask, up to .0165 - .0167, on the 2 afternoon bumps. This drew in 7 million shares from swing traders, as they saw large trades go at the ask.

So today these guys not only beat the Experinced day traders, but they suckered the experienced swing traders, to buy before the next up leg, with a fake out play, they had not used before. The swap fest play. Common, but not used here before. Look for huge trade volumes at the end of the day. If it continues, you know the MMs are in a fake out mode of manupulation. Selling into mini runs during the day and taking more shares back then they gave.

This is not good for us. "IMO" It says their inventory may be smaller at .014 - .016, then I guessed and they need shares, for a profit run. It means they won't want to trade into a run for profits as I expected. It means a longer wait for the .022 - .025 target.

Not, the target will not be reached. Just they want more shares to make more profits. It will take some strong day trader interest, to over come the new trick, exposed today. WE WANT SHARES, NOT, MORE PROFITS! Our inventory is not ready for a larger profit run, yet.

If you look at a chart, you will see a run stall APR 27th that did not work. This time the MMs pulled out a new trick, to try to make it work better this time. And it did work.

Remember they are learning from their mistakes also. What ever they tryed Apr 27th didn't work, they learned, so now we see a new attempt with a new tool, the swap fest.

Selling some shares higher, to draw in traders, walk it back down accumulate, do it over and over, on the tension of swing traders expected run. Then they settle out with each other, for a small loss at the EOD.

The fees they made on the shares traded, pays for the loss, and they accumulate shares at a level they want to accumulate at.

I hope this makes some sence and everyone will start understanding the complex reasons behind what happens. My opinions, as to reasons can be wrong, they are guesses, but the fact that shares were let go, stopped, let go, stopped and huge trades sizes at the EOD are facts. They are swap festing us. You decide why!

Luck to all!