Specialist Trap

Bifogar ett dokument som jag fick av Larry Williams haromdagen. Tycker det kan vara vard kunskap for dom som kor kort daytrading. Vidare forklarar han namnet till situationen som foljande:

"...I found this in deltona when tradign stocks in 1966 and "saw" it as the specialist books beeing filled with buy orders, hence a new high close that trapped the public into a long which if immediately reversed usually causes a major plummet...the are really easy to see and are in stocks and futures so i know think its just a funciton of the public coming in at the last

look at copper on 4/11 or gm on1/3/05...."

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