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iheartmoney

03/12/10 5:39 PM

#78796 RE: UnderR8D #78793

Great post ..but for some of us we have known that all along .... when you are desperate your thinking is clouded ...and you hang on to hope ... thats where the MMs are ... they are hoping that if they short just a bit more ..they will cause panic ...and they will try it again... just maybe this time we will scare them ....so they think ... we are not going anywhere ... One sunny day ... they will wake up ...the clouds are gone and with it the hope ... and the covering shall begin.... the the MMs that were friendly to each other ..will gladly turn against one another
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finefinesuperfine

03/12/10 6:07 PM

#78803 RE: UnderR8D #78793

Nice post Ash. I'm just getting home and getting up to speed on the day. Very low volume today, which is a good thing on a pullback day, and it's even better when the MMs short 66% of the volume. I'm sure I'll post an annotated chart later, but I agree with you -- another failed attempt by the MMs!