Posted On: 11/05/2015 2:15:57 PM
Post# of 11105
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Re: ColoradoKid #10511
You could be right. Even if there isn't a news event, we have established today that there are people out there willing to take on the "stacked ask / sacrificial bid dump" tactic head-on by hitting the ask, and that when the ask is hit repeatedly and rapidly, the "hold it back plan" is having to be made up on the fly - as evidenced by the .015 x .0299 situation at 12:30 which took a few minutes to end up as .019 on the ask after rethinks at a number of single points in between.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.