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Re: mmjtrader post# 51500

Sunday, 03/18/2012 4:11:19 PM

Sunday, March 18, 2012 4:11:19 PM

Post# of 141609
How are friday closing hour PRs favoring longs over flippers?
Last time a friday PR was released, the monday morning Open Price went up long enough, IMO, for flippers to unload at a profit and shorters to upload at a higher price in order to trade down through the week - our previous friday "support price" went from .0043 to the current .0037 .
Sorry I don't see any benefits for bag holding longs in this pattern.
I wonder how our last "after hour friday PR" can make difference to this pattern when the market opens on monday...

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