Daily Ranges Distorted

Discussion in 'Trading' started by rodden, Nov 14, 2003.

  1. rodden


    How does one access meaningful charts re. COMPOSITE stocks when the NASDAQ's 3rd-tier Intermarket Market allows wildly out-of-the market trades that are registered in the Composite daily ranges? The Intermarket Market is available only to "institutions" (stock manipulators) who can make single board-lot transactions at any price they wish. Lately I've been tracking TXN and find that virtually every day either the high or low is grossly misrepresented by way of small trades on the IM.

    I had my broker track down a few of these bogus trades; they all come from the same source - the Intermarket Market.

    Check it out.
  2. ...have to agree with you. One reason I left QQQ was that kind of egregious tape painting, typically at XX.00 or XX.50, always by 100, 200, or 300 shares. That's a bennie of the futures, none of that BS, just plain old fashioned brute force manipulation.
  3. ....all it takes is a few thousand cars and you too can control the markets.