Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: NewKit who wrote (1932)	11/1/1998 9:34:00 PM
From: LastShadow	Read Replies (3) \| Respond to of 43080

Don't you have any easy questions? Hard to say what the mm's are doing, but if all of te mm's trading it do that, it probably isn't a minor pullback. Generally one looks to enter when the bid and ask are rising, or at least the bid is. To exit, if the floor starts to fall out but the ask stays, then the mm's are probably offloading their shares. If they start dropping substantially and sporadically, but maintaining the ask, then the mm's are picking up stops from below to accumulate before a rise. Most stops aren't set that close to the bid, though, and that usually is seen at regular numbers (that is, ones that people who bought the stock will set - 12, 12.25, 12.5, etc.) If they are going for eigths or 1/16 or 1/32 increments, then something else is usually happening. lastshadow