M & M Signals
By: arc-runner (RB JPHC board)
06 Mar 2006, 10:33 AM EST
Msg. 34323 of 34768
(This msg. is a reply to 34297 by tek_trump.)
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TEK
The MM signals are:
100 - I need shares
200 - I need shares badly but don't take it down to get them
300 - Take the price down to get shares
400 - Trade it sideways based on supply and demand
500 - Gap one way or the other, usually in the direction of the 500 - trade, sometimes in the middle to keep the price right where it is
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
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