mystiq
650 posts
msg #90874
- Ignore mystiq |
4/7/2010 6:44:03 AM
Today's Secret Trading Tip
Net Buyers or Sellers?
A question I receive often is, "How can there be more buyers or sellers at one price? Isn't there a buyer for every seller and a seller for every buyer?"
Of course the answer is yes. What people are forgetting, however, is that there is a bid and an ask, and only one of them can be traded at a time.
If the ES is trading at 900.50, the bid is either 900.25 or 900.50. The answer depends on which way the market has just traded. Let's make it easy and simply say the ES is between 900.25 & 900.50, making the bid is 900.25. In order for the market to move from 900.25 to 900.50, someone must pay up to get filled.
You may not be in a hurry and attempt to wait to buy 900.25, but that will usually only happen when the bid/ask drops to 900.00 & 900.25 and you are actually filled on the ask.
But if you really want to get filled, you must pay up at the offer or risk missing the trade. Conversely, if you really want to get filled on a short sale, you must hit the bid, or reach down to get filled.
Sure, there is someone on the other side of the trade, but without you choosing to reach up and pay the offer, the market stands still. Therefore when trades are done at the offer it is properly said to be done by the buyers, even though there are sellers at that price taking the other side.
If you don't believe me, place a market order today. Every buy will be filled on the offer and every sell will be filled on the bid, period.
Let's say we once more have a number of 900.50 and we see that over time (sometimes just a few seconds) the fills were 100x1300. We can say that there were 1200 more buyers than sellers at 900.50 because of how traders reacted to the bid/ask spread when it was at 900.25 x 900.50 and higher at 900.50 x 900.75 (called the spread).
When the market was at the lower spread, 1300 buyers reached UP to pay the 900.50 offer. When the market was at the higher spread, 100 sellers reach DOWN to sell the 900.50 bid.
So when the spread traded around this price range, there truly were more buyers than sellers at 900.50.
I hope that clears it up for you.
Trade well and follow the trend, not the so-called experts.
Best trades to you,
Larry Levin
President & Founder- Trading Advantage
larry@tradingadvantage.com
888.755.3846
312.235.2572
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Eman93
4,750 posts
msg #90892
- Ignore Eman93 |
4/7/2010 5:04:19 PM
Whats the rumor on PALM? Picked up today....
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moby
314 posts
msg #90894
- Ignore moby |
4/7/2010 7:22:34 PM
Rumor is that somebody is buying it.
According to a chat guy in our room, everybody such as HP, somebody else, then Lenovo is buying it.
Some dude in the chat said they were just rumors to start a short squeeze and the shorts got killed. he said why would any of theses company's buy a broken piece of company like Palm. He said too that he expects it to keep rising because there are so many shares short and they can only take so much pain. And the ones who hold the shorts even longer, many will sell eventually. Not my wisdom, but this dude in chat... and he knows his stuff, very much like JohnPaul.
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Eman93
4,750 posts
msg #90895
- Ignore Eman93 |
4/7/2010 9:36:05 PM
They say PALM has allot of really good pattens and the software is top notch.. the management team is just blowing it...
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johnpaulca
12,036 posts
msg #90929
- Ignore johnpaulca |
4/8/2010 12:32:22 PM
johnpaulca
- Edit message 4/6/2010 12:34:58 AM
YRCW($0.55)....showing strength, look for a pickup in volume...will scale in with a small position.
****************************************************************************************************************
Didn't have to wait long.....up 14% today
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Eman93
4,750 posts
msg #90998
- Ignore Eman93
modified |
4/9/2010 9:45:07 PM
Anyone holding PALM over the weekend? I did not
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Eman93
4,750 posts
msg #91073
- Ignore Eman93 |
4/12/2010 1:01:30 AM
Jos. A. Bank Clothiers Inc.
$ 59.85
JOSB
0.41
Short Interest (Shares Short)
3,929,200
Days To Cover (Short Interest Ratio)
14.4
Short Percent of Float
21.69 %
Short Interest - Prior
3,799,700
Short % Increase / Decrease
3.41 %
Short Squeeze Ranking™
195
% From 52-Wk High ($ 59.98 )
-0.22 %
% From 52-Wk Low ($ 29.50 )
50.71 %
% From 200-Day MA ($ 42.88 )
28.35 %
% From 50-Day MA ($ 47.40 )
20.80 %
Price % Change (52-Week)
62.40 %
Shares Float
18,112,231
Total Shares Outstanding
18,294,883
% Owned by Insiders
1.00 %
% Owned by Institutions
%
Market Cap.
$ 1,094,948,748
Trading Volume - Today
324,241
Trading Volume - Average
272,200
Trading Volume - Today vs. Average
119.12 %
Earnings Per Share
3.58
PE Ratio
14.50
Record Date
2010-MarB
Sector
Services
Industry
Apparel Stores
Exchange
NAS
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Eman93
4,750 posts
msg #91106
- Ignore Eman93 |
4/12/2010 10:49:42 PM
Capital Trust Inc. Cl A
$ 2.22
CT
0.07
Short Interest (Shares Short)
1,250,200
Days To Cover (Short Interest Ratio)
4.6
Short Percent of Float
6.37 %
Short Interest - Prior
1,369,600
Short % Increase / Decrease
-8.72 %
Short Squeeze Ranking™
18
% From 52-Wk High ($ 3.80 )
-71.17 %
% From 52-Wk Low ($ 1.06 )
52.25 %
% From 200-Day MA ($ 1.81 )
18.47 %
% From 50-Day MA ($ 1.57 )
29.28 %
Price % Change (52-Week)
61.70 %
Shares Float
19,629,423
Total Shares Outstanding
21,834,257
% Owned by Insiders
11.00 %
% Owned by Institutions
18.70 %
Market Cap.
$ 48,472,051
Trading Volume - Today
819,625
Trading Volume - Average
273,700
Trading Volume - Today vs. Average
299.46 %
Earnings Per Share
-25.76
PE Ratio
Record Date
2010-AprA
Sector
Financial
Industry
Property Management
Exchange
NY
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Eman93
4,750 posts
msg #91108
- Ignore Eman93 |
4/12/2010 10:54:54 PM
JP
Pull up a chart of BKC.......
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johnpaulca
12,036 posts
msg #91111
- Ignore johnpaulca |
4/12/2010 11:44:18 PM
Eman....don't mess with the King. Are you holding this???
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