this is a fun game to play on nas--probably illegal, too...

Discussion in 'Trading' started by bungrider, May 7, 2003.

  1. got alot of a naswhack stock to sell?? or wanna rip it through a resistance level and dump a lot of stock to shorts trying to cover...

    put in an ECN bid (for size) that is 0.10 higher than that resistance level (which should be where the stock is currently trading). if the stock is in an uptrend, you'll trigger alot of computers scanning for naswhack crossed markets, and with the uptrend, those program buyers will go in and take out all of the offers up to your high bid...thereby moving up the price 0.10 and getting you to a good selling level...

    but be careful when you see this, as it may be a stock that is being manipulated to the upside...

    have fun!!

    love
    bung
     
  2. Just a poor mans version of what they do all day every day.

    And why would it be illegal?