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coydog

11/23/07 10:46 PM

#23288 RE: gtv #23287

Do not tell the bear yet because I do want the down spike. I will buy those air shares and shove them up the bear's ass.
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Manti

11/24/07 8:11 PM

#23296 RE: gtv #23287

Down (or up) spikes like that are usually not representative of the day's action. They're generally caused by a single trade that had nothing to do with the trading range of the day. Whether it's a mm ripping someone off who made a typo on their order or a typo by the mm that doesn't get corrected, it's the same result on the chart. I've seen several like that on erhe over the years both up and down.