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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (124204)9/20/2001 7:19:34 PM
From: sun-tzu  Read Replies (2) of 436258
 
<when suddenly a buyer appears in the spoos and begins to gobble up all offers regardless of price, it is usually market support intervention. today's opening decline is further proof, as real buying would have resulted in more buying today>

I'm not sure I understand. You called yesterday's buying market support, but then go on to say that today's action offered proof there was no support. As a point, the mini contract is small money, and hedgefunds are small money. They may be able to prop one or two days at best. Big money goes after the big contracts, and trust me as I "watch the tape," nobody is buying SPZ or NDZ's that count.

(~)^(~)
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