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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (77460)5/25/2001 8:30:05 PM
From: John  Read Replies (2) | Respond to of 99985
 
OT: Everything I have ever observed CONFIRMS that everything you have said on this matter is complete nonsense only gullible people would believe.

Example: A few years ago, I watched a microcap (which I did NOT own at the time) slide from .05 (5 pennies) to .004 (4 tenths of one penny). Most of the holders were crushed out. I stepped in and bought $200,000 worth of the stuff at .005. The stock remained completely stationary for about 10 months after that, but I never sold a single share. One day, one of the microcap hype services started really pushing and hyping this stock. It shot up to .052 (5.2 pennies) the next day on massive volume. The bid was .049 and the ask was .059. I IMMEDIATELY placed a good until cancelled LIMIT sell order (NOT all or none) at .045, well below the BID. I did this to ensure NO "funny stuff" would happen and that my order would be filled, at least partially. I placed this order with a live broker and confirmed the bid/ask spread. He asked me why I was placing the order below the bid, and he said the order should easily be filled at the bid. I told him I just wanted out as quickly as possible, but not on a market order. For the next hour, the stock traded like crazy on BIG volume with the listed BID remaining well above my BID. Volume dried up later in the day, and the stock fell back to .010. I called the broker and spoke to supervisor after supervisor for 4 HOURS and threatened to close my account! The next morning, the stock raced up from its close of .010 to my bid price, my order was immediately filled, and then the stock fell back to .005 again the same day. I have encountered similar events, to a lesser degree, with big cap stocks.

For the past 14 months, I have only traded indices and derivatives based on the benchmark indices and have experienced no problems. I will never buy a single equity again.

Would you care to speculate as to why the MM's ignored my order and filled other sells at even higher prices than mine? HINT: Corrupt MM's. If I wouldn't have complained to the broker and threatened to close my account, I would have been screwed.

And by the way, I'm no "Johnny Come Lately." I've been doing this stuff since Micro$not was in diapers.

John



To: ahhaha who wrote (77460)5/25/2001 11:06:57 PM
From: Eddy Blinker  Read Replies (1) | Respond to of 99985
 
GENE Traders: Pick up your Memorial gift here!

Ahhaha,

You have your own thread so why don`t you stay there and ask your folks to build you a statue with an electronic hellion ring around your head.Use a couple of TX or MOT 4001 and get it flickering. Sorry I can`t do much better.

But thank`s for putting me into the same category as the FED which you also imply of being stupid for supplying green fuel for the system.

Still I thank you in addition for giving me the time to reveal what I know -on my WEBsite which I presently work in my spare time. There is a Excel file called

daytrader.cc

which deals with a Nasdaq stock called GENE. Presently on topic with Sir Auric Goldshine and his apostles.Shorter as that crew can`t be found on the WEB.

Now as they say it takes two to tago and anyone with a bid of brain can see what`s going down when looking at that bottled Gin.

Column D and E is the market template.Column G and H is the stock template for the Nasdaq listed stock GENE. The color green stands for the good guys and the color red for the bad dies. (You know those who preach water and drinking wine.)

In Column I you find the " The criminal Tango rating ".When a number in a cell in that column is higher as the number in the cell above, the stock will most likely go up the next day and when it`s lower then the stock will most likely go down. (Color and other numbers are additional help.)

ROW 333 was the day when some of those "ba dies" just could`t resist to dip in the tilt a little.

The day`s where MM`s had it all their way are numbered in my book. We the stupid people will muzzle in, breathing down their necks and pick up part of their loot. What I am attempting is only the beginning of much worse to come. Then when professionals in software writing get the confirmation that it can be done.

Traders will be able to read their trading stocks like books. Your moonshing MM holidays are most likely over then. We get the upper hand on that sophisticated
machinery located on Times Square. Eventually. And they can
keep their privileged rules like having us wait 30 days for short info.

IMO you have nothing worthwile contributed to this thread therefore you should go back to your compartment and sit down.

BTW Your view points on the FED and AG are in error.If it would`t be for A.G we would all eat shoe ladder by now.

Regards,

ED