Speaking of "loaded", let's hope the MM's have stuffed their pockets! If so, IMO, we stand a better chance of gapping up with good news.
Here's my post from the PKGP thread: (Regarding MM's and learning)
"Everytime we trade we're paying, it's just a matter or whether or not we're paying attention and learning from each profit or loss.
I do agree with your assessment on the MM's! My guess is that they read the boards, as well as all the source info they can get, and position themselves accordingly. Which usually means they will be right about 80% of the time IMO.
If we all say we're buying more here,,,,the MM's will drop the price again later to get their fill,,,, if we all say we're selling, the price really bottoms,,,,If we're steadily buying with good news, and the MM's have their pockets stuffed to a satisfactory degree they can gap the price up. If not, the MM's can cut their losses by slowly walking the price up and slice their losses with a bigger spread on the way. It's an MM's world, learn their tricks to avoid the burn and capitalize!"
Go TSIG!!
Regards, -Mark |