60 point dow ymu5 dip

Quote from Ripley:

Somebody sold 600 contracts at the market, which took out all the bids from 353 to 314
More...

why the hell would they do that...

i see 600 deep within 20 cents...:confused:
 
Maybe big money knows something we don't...

Anyway.. I am just amazed that it would only take that many contracts to move 50 or so points on the YM.
 
Quote from chiguy:

why the hell would they do that...

i see 600 deep within 20 cents...:confused:
More...

And then what they bought them back, I don't know what is going on with this contract but it smells, so I must step to the side lines.
 
Almost hit my 10300 BID!
What moron is using market orders on a 600 lot?

It's either summer help or someone has the other side.
It smells either way.
 
Quote from Rickshaw Man:

And then what they bought them back, I don't know what is going on with this contract but it smells, so I must step to the side lines.
More...

when in doubt...bail out...agreed....

it's a conspiracy...angry non full seat holders trying to ruin the ipo...just kidding..:)
 
I can understand a large market order eating up supply but yesterday there did not seem to be a large order. Price fell on just a few contracts per price.

And, how does it skip huge price increments ? Jumping over 30 points per trade at times.

Attached is the time and sales from today.
 

Attachments

You must log in or register to reply here.
Back
Top