View Single Post
  #1 (permalink)  
Old 08-28-2004, 12:09 AM
littleogre littleogre is offline
Two Star General
 
Join Date: Dec 2002
Posts: 8,571
Default Best way to tell if a line is being moved by smart money or dumb money?

I have always assumed the following a quick and sudden line movement means smart money and slow steady line movement means square money is moving the line. The reason i think this is simple most suares do not have the money to really affect the line all that much at one time. Pros or syns have loads of money and when they see a week line they will hammer it and can cause the line to suddenly move multiple points one way or the other. Is this pretty close to the truth ? I mean i know there is always the chance of some rich dude puting 10 dimes on ucla just because he went to school there.
Reply With Quote