Benjamin
I've watched this exact pattern before. Here's what I noticed.
1. Overall or seasonal optimism
2. Approximate $4 mark before gap downs begin
3. Board changes
4. Issuance of bonds or restructuring
5. Good news blips to keep the retailers hanging on, yet good news is coupled with gap-downs
6. Blackrock, Vanguard, Statestreet
7. Bot trades by large institutions keeping trades within a 1 or 2 cent range for lengthy periods of time so they can consolidate shares and forbid scalpers to make quick money on short trades.
I believe the market makers are doing this regardless of the news we hear. They play all sides and win whether it's going short or long. Anyone else see this?
No comments:
Post a Comment