Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: cyberman who wrote (2987)	5/18/1998 6:49:00 PM
From: Joe Copia	Read Replies (2) of 25711

Hey quick question, what does it mean when the bid/ask moves a significant percentage and there is little volume? That is a good question. As a rule of thumb when you see a large move without volume the MM's are testing the market to see what it will bear. When I see a B/A drop with no volume I generally will buy some more as this is known as a "shake". The drop is usually followed by an immediate UT when buying resumes. Joe PTG&LI !!!

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