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mimurray

03/28/08 9:42 PM

#46337 RE: valorie #46335

The simple fact is nobody on this board knows with absolute certainty if all the action at 2 was sells or not. Common sense suggests that given the fact that we didn't drop to no bid there must have been buy fills at 2.

Most certainly there were probably some people that sold at 2 also.

I would hardly call any of the action at 2 dumping. There just wasn't enough volume for it to be a bona fide dump.

I would say we had a mix of some people that sold for .0002, and some people that were able to get filled for a buy at .0002.

There has certainly been enough accumulation by MM's for them to have enough inventory to facilitate a fill for someone at 2.

Anyone claiming as fact that all the action at 2 was people selling is just wrong. There will be people playing semantic games that will put their own personal spin on todays trading but those comments have zero importance.