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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: shades who wrote (68302)8/31/2005 1:44:19 PM
From: Slagle  Read Replies (1) of 74559
 
Shades, Re: "Cramer's 800K" If you will watch his show with your Level 2 running you can see what is going on. I really believe that some of the ECN's have advance warning about what he is going to pump because there they are waiting for the sheep in the after hours market. You can see them on your Level 2. Then here come the little retail orders, 100 shares, 50 shares, 150 shares ect. and up, up, up goes the ask. Then in the morning it opens way lower. It happens over and over. Cramer is helping transfer gazillions from the public to Wall Street.
Slagle
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