GREY:HRIVF - Post by User
Post by
Tomwhitfordon Sep 29, 2010 10:56am
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Post# 17506296
Anyone notice this lately
Anyone notice this latelyOk I've been scalping this on and off and catching breakouts. Lately though I've noticed a trend with my sell orders. This is how it's happenning and I've never seen it before can anyone tell me what is going on:
The bid and ask ratio goes out of whack
ie
Ask Bid
8000 50000
1.22 1.23
Now I sold 8000 shares at this price, however right after the order goes through it doesn't lower the bid in fact RIGHT when the order goes through the Ask increases like this:
ie
Ask Bid
12000 50000
1.22 1.23
Now I've done this multiple times (Today and Yesterday I traded 4 times)where the ASKS stay up and you can continue to sell into them without the Bid and Ask moving lower..
've never seen this before does this mean someone has a program that at the speed of light puts up a newbid after the last was taking down? Is this a sign of accumlation?
Thanks for the help,
Tom