(Total Views: 98)
Posted On: 01/19/2018 10:27:06 AM
Post# of 72443
What I've seen so far this week has been MM's gradually walking the price down each day.Volume low in the AM and then "magically" we are at 150K-200K vol.at the close.
Seems that MM's don't want "real" buyers and real buyers don't want to buy just to see MM's drop the price after they buy.By afternoon,buyers have a better sense of where MM's are headed and then buying (accumulating) picks up a little in what is now a cat and mouse game.
This could also have an effect on any run up we "should" be getting as we approach the coming milestones over the next 4-6 weeks.Will MM's be able to keep the herd in the corral or will there be a breakout and stampede?
Your guess is as good as mine.
Kelt
Seems that MM's don't want "real" buyers and real buyers don't want to buy just to see MM's drop the price after they buy.By afternoon,buyers have a better sense of where MM's are headed and then buying (accumulating) picks up a little in what is now a cat and mouse game.
This could also have an effect on any run up we "should" be getting as we approach the coming milestones over the next 4-6 weeks.Will MM's be able to keep the herd in the corral or will there be a breakout and stampede?
Your guess is as good as mine.
Kelt
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