Ks the reason I follow level 2 moves is you see the predictable movements by these mms. Nite and ETMM account for almost 60-70% of trading read my post dated feb 23rd when nite dropped their bids to the 50 day ma .031 when the stock was trading in the 4's
The directional indicators are NITE and ETMM
Notice on level 2 how nite is sitting there BELOW the 50 day MA. This was a coordinated and orchestrated move, because it keeps the stock below these technical indicators hat traders use to trade hese penny stocks. Once you see nite bidding up, this will be he next move up for the stock
madeindet
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Thursday, February 23, 2012 3:09:43 PM
Re: None
Post # of 23517
NITE/UBSS signalling they want to take the stock to the 50 day moving avg .031/.032