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Re: spdon post# 39162

Wednesday, 08/03/2011 7:43:38 PM

Wednesday, August 03, 2011 7:43:38 PM

Post# of 95338
I member marked you A while back. I know your one of the good guys.I will invite you to the party. I would like to talk to the group about what we seen today on the L2 and the trades. I think today was good for us to learn by. For instance the two 100 share buys. Doesnt that mean I need shares? LOL Why else would there be 100 share buys.Then later the 100 share sell. Does that mean I will help hold it down. Probably A MM got A phone call. LOL I dont know. Then the bid moves up as the MMs are moving into position to pick up shares.It seemed two MMs were wanting to buy badly. I didnt follow the L2 today to read into this better as to who was on the top of the bid. But we may see some very intresting action if news comes out as planned. If not. We all know its coming soon and the MM action can give us some good lessons for the future. My thoughts are the ones that are short.Sent the 100 buys and also the 3 bashers EOD Last friday.Some of the negative posters could be tied into them as well. The way the bid kept climbing today tells me only one thing. UP.Many are waiting on the wings soon they will be in for take off. If things move slowly up the MMs will probably try all they can to hold this down. Many good traders know this. Thats why Things just may get fun. In the long run. The longs will win. Its all A good lesson. Fun to watch and learn.

It took me to long to realize I was A procrastinator.