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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%4:00 PM EST

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To: 10K a day who wrote (56816)7/19/2000 8:55:12 PM
From: 10K a day  Read Replies (1) of 99985
 
I sit in amazement.
Watching 'Spin the Bid.'
On the Island.
Every day.
UnBelievable.
How many Ways can you chop and Dice 1000 shares bid in a minute.
It goes on all day!
I understand trying to create a perception.
I really do....
I don't have a problem with it.

--->>IT'S JUST A FLASH DANCE....A GAME OF SPIN THE BID....<<---

I'm just questioning if *Technically* it can be considered a firm bid if it's shown for .3 seconds....
and the time for the photons of light to travel,
and all that jazz,,, technically gives you about .006 seconds in order to react....theoretically,,,, if you were sitting with your finger on the button and you knew how much volume they were going to flash (at any given instant)... you could hit it..... that's assuming you knew the price....but if you don't know the price and they have some scheme to chop and dice the numbers in infinite numbers of ways down to the fourth decimal place....what the hell are you supposed to do...... i don't consider it a firm bid if it's flashed for .3 seconds.....that is just trying to create a perception..... that is RAW BLATANT STEERMANURE....It kind of gets old everyday....Watch it on ARBA and try to hit the bid some day...LOL.
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