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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Dan Clark who wrote (9000)6/17/2000 1:54:00 PM
From: LPS5  Read Replies (1) of 18137
 
Further, they seemed to occur most often when the stock was at some S/R point. If this was just MM's marking orders up and down, why the regularity? Why would this occur at S/R points?

For the very reason you imply: the points you mention, whether real or perceived support or resistance points, are where activity - therefore volume - is concentrated as traders of all varieties and odors attempt to catch a bounce or turn. Lots of things happen at these points which could, and in fact should, lead to some outlying executions due to the technological and/or brokerage issues and practices previous discussed.

LPS5
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