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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (4097)10/20/1998 5:51:00 PM
From: Rashid Garuba  Read Replies (4) of 59879
 
Completely forgot to buy GGO. Finally witnessed first hand clues of MM shorting. Was busy watching ICIX trades. Can one infer that 50k and 100k at the ask should be buys right?? Well, as soon as the block trades subsided the stock drops. MM's shorting to fill orders. The clue is block trades at the ask with no upward price movement.

They will get to cover, much, much, much lower.... I hope

Rashid
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