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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (5971)12/8/1998 8:20:00 PM
From: TraderAlan  Read Replies (2) | Respond to of 12617
 
Taf,

For who use intraday charting, I've noticed there's a good way to tell when the MMs are playing basket games (i.e. loading the basket with market orders, holding them to the end of the price swing, then handing out rotten fills). The COMPX 5-min chart starts to show multiple wide gaps up and down. It was really obvious today.

Almost looks like some ADR that trades all night in Europe. Although they're blaming the Internet stocks for all their troubles, even MSFT is being basketed (which is why the practice has such a pronounced effect on the index).

Alan