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go a few years back in this thread there was a guy mup that used it profitably http://www.elitetrader.com/vb/showthread.php?s=&threadid=101387&perpage=20&highlight=mup&pagenumber=353

aapl ... 405 weekly straddle trading at 30

no fill cxl bid

67.75 bid for reduce

aapl earnings after the bell,funny if they come out early

put in a market order buy on that nip bounce at 59 n got a 65 fill

unlikely that there will be an investigation http://www.reuters.com/article/2013/04/23/us-financial-regulation-consumerbureau-idUSBRE93L1DM20130423

market profile

no one could get the news and capitalize on it that fast unless they knew ahead of time,well one,but no one else,and who has the top inside info,benny and the banks, biggest trading acct in the world pit

that move should give the perma bulls something to think about, unless it was the perma bulls(banks) creating news and capitalizing ,reloading ,so they can get it to 1600

http://seekingalpha.com/author/kevin-wilde/instablog

or a few banks ,not there is any manipulation allowed in this market

326k in 10 minutes

reduced 65, what was the news add 73,avg 69 5/8

if you made a bet on how often the trend day continues into the close ,that chart works about 80% of the time so fading it is foolish,from that es chart ,and that rally logic, we would likely fill that 75-79 cleave,the ratio is coming in on the uv/dv but it usually does between 11 and 12 30 cst...

trans

uvol dvol 4.1/1

uvol dvol

es

add 72.75 offer 3.5 filled 3.5,avg 67.75