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Re: Johnny4profits post# 193

Wednesday, 01/18/2012 3:51:13 PM

Wednesday, January 18, 2012 3:51:13 PM

Post# of 408
Today's action may not have anything to do with their business, I think it's due to the high volume a few weeks back. This is what MM's do, create a market for a big seller to sell against, short it down while doing that, cover when it gets low, let it settle for a bit, then run it back up and profit there. Thing is, you never know if they are going to keep going after that, or fall right back down. 90% of the time they fall back down, it's those 10% that are awesome. I've not found a repeatable process to find that 10%, but I'm alright at finding these before they run. This one was fun.

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