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LoneGrey

04/21/10 12:14 PM

#109304 RE: timmyjames #109299

The MMs would like to short at ask and cover short on bid. But that just ain't happening for them so they end up just shorting more. The low volume to me indicates that they are refusing to short as much anymore so it may mean a fundamental shift in their strategy is taking place. Only some time will tell here.

UnderR8D

04/21/10 12:14 PM

#109307 RE: timmyjames #109299

I would say selling air at the ask, hoping to entice selling on the bid~