Yes, but the MM factor is what always throws a monkey wrench into the equation regarding if they may be trading amongst themselves at times...trading favors if you will.

The assumed manipulation (an understantement) makes us wonder.

In general on LII here, my understanding for the most part if the pps upticks it's a buy and downticks a sell, but that's to simplistic in the total picture.

A tough topic we have never agreed on.