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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (3535)5/6/2010 3:48:42 PM
From: robert b furman2 Recommendations  Read Replies (1) | Respond to of 220648
 
Hi GZ,

I think we just saw a classic run on stop losses which in net effect allowed a cheap covering of underwater shorts - held long by the big boys.

This was a reaping of the conservative investor who has been told to play conservative and minimize your losses with stoplosses.

I had an order that didn't fill one share and it traded several 1000 shares over my bid.

Greedy bstards.

We're going higher after a gentle shake for those who don't watch the market intraday.

BWDIK

Bob