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drewbe121212

04/28/10 11:19 AM

#112947 RE: mediatik #112945

If your getting that from the tape, a lot of the sells have actually been buys at the bid price to make it look like a sell.

What are these kiddie MM's doing... bid x .4452 hehe...
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caltrader

04/28/10 11:23 AM

#112951 RE: mediatik #112945

Let's not rehash that conversation again.

The MMs need 40-50 million or 8-10 days of 5 million volume to cover. A 100,000 day means nothing. They can sell at the bid, hide orders, combine orders together and a number of other tricks to paint the chart or the buy/sell ratios any way they like.

This is especially true on very slow days.

Let's not micro analyze this to death. Just hold or buy and hold. The volume will come in very soon.