Bull: As far as I know, in order to get the numbers of large blocks of trade, you have to pay for the service. I'm really not sure how, but I imagine it's expensive.
As far as my prediction for IOMG. Thats the thing with the Specialist theory, it's like trying to read their mind and "books" I can't say for sure were it's going next week. But I do know it's going up soon becasue of the massive accumulation the MM's acquired on the way down from 55 to 13. As it trades sideways they are still accumlating. That little rally when IOMG came out with their earnings was short-selling and unloading by the MM's. There was quite a bit of volume and I don't believe the MM's have dropped IOMG enough to short-cover and accumulate even more shares. If you look at the chart of IOMG for the last few days you can see a declining angle, however it is still up from the price in the beginning of the month, this is a common trick by the MM's to "hide" the steady rise. It is good that IOMG is going up as the dow and Nasdaq go down, because investors use the Dow as a gauge for Market Health. However nothing is further from the truth, the Dow, S & P, Nasdaq, and similar gauges are just tools to manipulate investors. For expample, today as IOMG goes up during a down market, people don't buy becasue they look at the DOW and Nasdaq and see it is down.
The market is much more psychology than economics. Sorry about getting side-tracked but there is so much to this theory that I find fascinating. Based on the fact that it is psychology, put yourself in the mind of the MM's and what would you do to scare people out of IOMG and accumulate? Well, I think the MM's will rally to unload their shares before it moves over to the NYSE. Then the specialist will have control over IOMG and if they probably will lower it to accumulate. As far as this week, I think it will continue to trade sideways with little rallies and subsequent declines so the MM's can accumulate more shares and short-cover. |
