• mb2
    From a trusted source - "On all dips desperate buying is occurring (all market orders) since yesterday"
    12/15/11
    Reply (10)
    • Husky Financial: so that is a bearish indicator? ..im not so sharp
      12/15/11
    • JCH57: "desperate buying"?
      12/15/11
    • mb2: Referring to the futures traders (S&P) trying to hold up the market.
      12/15/11
    • sstonerm3: Who is desparate?
      12/15/11
    • 0ZJ: Perhaps I don't know what I'm talking about, but wouldn't people with the resources to throw money at the market to prop it up also have...
      12/15/11
    • 0ZJ: ...the resources to execute more sophisticated, controlled trades than market orders? I mean, a big timer could set his HFT farm or...
      12/15/11
    • mb2: Exactly
      12/15/11
    • 0ZJ: ...whatever to continually oscillate prices up and buy on the best terms toward that goal?
      12/15/11
    • 0ZJ: To me, Market Orders would seem indicative of amateurs.
      12/15/11
    • mb2: When they're propping the mkt, they use stop orders.
      12/15/11