ctp valuation.... kinda, page-8

Hey Don...I agree what you see on screen is not a true reflection of buyers and sellers. But the stack sits close to the current sp and if taken out suddenly the number of sellers halve and what usually happens is a new stack of buyers build at the same level (08 & 081) and you end up of a ratio of about 3:1. Day traders etc tag along and push the sp up. A sp holding under a large stack for a period of time usually breaks quickly one way or the other. It's the in betweens that can be tricky. I'm not saying this is going to happen to CTP but I think a few traders would be watching it closely.