Replies to post #75648 on Triple 000 and Sub-penny Chart Plays
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.
911 - Pending News
Reporting Person agreed to accept shares of restricted common stock at a per share price of $0.0001 as compensation for the aggregate amount of $75,000 (the $$Debt$$) due and owing per the July 2015 Invoice and the September 2015 Invoice. Issuer's Board of Directors approved the settlement of the Debt by the issuance of an aggregate of 750,000,000 shares of restricted common stock at a per share price of $0.0001
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.
911 - Pending News
Monday October 5, 2015
The market gapped up at the open today to start the week.
This is the third gap up opening,
in the past four trading days, since the SPX 1872 low.
After a choppy beginning off that low
the market has rallied 5% in just two days: 1894-1989.
This is the second best rally since the late-August,
potential Primary IV, double bottom low
at SPX 1867 to 1990.
The next price obstacle for the SPX is obviously 2000,
then the 2019 pivot.
If the market can clear those levels,
as easily as it cleared the 1956 and 1973 pivots,
Primary V should indeed be underway.
Short term support is the 1973 and 1956 pivots,
with resistance at SPX 2000 and the 2019 pivot.
Short term momentum ended the day extremely overbought.
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