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sawtrader

06/16/11 12:48 PM

#5294 RE: havocjohn #5292

I have no clue as to the experience u have with pinks and the way the mms move the pinks around from highs to lows to highs to lows again and again, over and over, year after year, with some of them changing names, products, business models, CEO's, mergers, r/m, r/s etc.

Temporary means the stock can have a small rise and revisit the bottom again or lower to slightly higher depending on the chart technicals suport and resistance points. Most pinks are set on automatic trading, which uses algorithms derived from several technical parameters, and several other inputs which the stock mm can use at his/her discretion. Sometimes they go manual to mess with everyone, LOL.

After this temorary move the next trend becomes very evident, where either buyers rush in for the uptrend or sellers force the inevitable downtrend.