Replies to post #11730 on MDA - Market Direction Analysis (MDA)

[augieboo]

I'm not showing any such spike down. Must be a bad tick or something. I remember reading someplace that sometimes private sales and the like get "posted" during market hours, causing such blips. Often these deals have little relation to current market prices because they are parts of long standing deals between MMs, or between an MM and a big institutional client, or some such stuff like that, e.g., some kind of mutual hedging thingie or something.

I don't remember what the article said exactly, and I'm not sure I completely understood it at the time, but I know that I stopped worrying about those weird blips at that point, and I've slept better ever since. {G}