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raging

01/27/10 4:05 PM

#14735 RE: diamonddavedc #14734

sold 700k eod for some profit ,still holding 1 mill.
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XxJamesAxX

01/27/10 11:48 PM

#14763 RE: diamonddavedc #14734

Exactly. Its a text book move for MM's. So easy to do after a nice run like we've had. You got people sitting on the edge of there chair's just waiting for a sign to take profits. MM's love it, they just hold a few orders and only fill partials when they do. Volume starts to decrease and people start selling at the bid on fear a pullback is comming. Often this is great for flippers. Done it several times myself. Only thing is when you have big news on the horizon you have to weigh the risk vs reward, and with BEDA the small percentage gain from flipping aint worth missing out on the huge run thats possible here and could come at any moment. All my opinion of course. GLTA

James A


"no the T-forms were held buys during the day...if you notice all the people that were saying it was hard to get filled??

It is called holding orders and they allow the MMs to do this without harm so they can control the volume that is reported....
"