RE: 260+ This Afternoon26 Nov 2013 13:11
sircliff,
Regarding your comment about MMs, I should point out the the current best Buy/Ask prices (258.00 & 259.50) are not MM prices at all. They are small investors selling their holdings. Lots of these auto trades are being processed.
The MMs prices are 256.00 & 261.00. Also the MMs are offering small price improvements to brokers. If they didn't do this they wouldn't make any money, as the auto trades of the small investors are cheaper.
Yes, that's right. The small investors are selling too cheap! Stupid really!