Not a single program trade today. Not a single TICK above 1000 so far.
Pretty odd...
Started by
NAV
, Jun 22 2007 10:00 AM
2 replies to this topic
#2
greenie
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Posted 22 June 2007 - 10:09 AM
Maybe because market is on Fedwatch.
What I found odd is that something 7 times oversubscribed (BX) falls on the entire IPO day.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#3
Mr Dev
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Posted 22 June 2007 - 10:11 AM
Not a single program trade today. Not a single TICK above 1000 so far.
We are always suspicious at the same time... my thoughts early today was that they may be saving some
to paint the tape at the close...nothing big if they do.....as they will be fighting what could be a propulsion move
taking the market down swiftly ...if they don't come in early enough.
So I'm seeing strong negative technicals nearby and less liquidity fighting against a few tape painters.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
