Let me cite an example to help out in understanding.
For example, I am a fund manager and I need to collect XX
lots of a counter today at a certain price.
So I will place a buy q probably matching or slightly less
than the sell q size (to create illusion that bears are stronger).
Let's say 300 lots.
I will then start my 1 lot sell down program. Effectively,
I'm selling into my own buy q.
The purpose of this sell down program will create the
illusion that some one is selling down. Weak and kan keong holders will starts to sell down
to my buy q.
Let's say my program sell down will selldown 1 lot every
min. So in 1 hour I will sell back myself 60 lots and effectively collect 240
lots, assuming my buy q gets snapped up fully or exhausted.
Now you will observe most selldown program upon nearing the buy q exhausted
soon, the buy q will most of the time be miraculously replenished with small
amounts slowly.
Sometimes the collector will allow it to fully retrace from
previous collection point and collect at 1 bid down also.
Let me cite an example to help out in understanding.
For example, I am a fund manager and I need to collect XX
lots of a counter today at a certain price.
So I will place a buy q probably matching or slightly less
than the sell q size (to create illusion that bears are stronger).
Let's say 300 lots.
I will then start my 1 lot sell down program. Effectively,
I'm selling into my own buy q.
The purpose of this sell down program will create the
illusion that some one is selling down. Weak and kan keong holders will starts to sell down
to my buy q.
Let's say my program sell down will selldown 1 lot every
min. So in 1 hour I will sell back myself 60 lots and effectively collect 240
lots, assuming my buy q gets snapped up fully or exhausted.
Now you will observe most selldown program upon nearing the buy q exhausted
soon, the buy q will most of the time be miraculously replenished with small
amounts slowly.
Sometimes the collector will allow it to fully retrace from
previous collection point and collect at 1 bid down also.
Greenbean ( Date: 29-Jul-2010 21:24) Posted:
Thanx. Like the "CPBSP" explanation. Well, after the "constipated" buying of one by one lots, finally BIG buy of 1303 lots after closing at 17:05:01. Must be having fun.
Post Reply
561-580 of 1924
x 2 
x 0 
