Yesterday in a MTT Online tournament I found myself in a situation in which the M-zones strategy "felt wrong" to me. But being at best an average player it's me that is probably wrong, I just would like to understand why.
I was already in the money in position 5 of 11 players remaining, I had about 8000 chips and the blinds were at 800-400 with ante at 100. While it was a 10 players per table tournaments, at this point we were only 6 on my table.
Given the sum of the blinds and ante (800 + 400 + 6 * 100 = 1800) my M was 4.4, into the red zone. Harrington's strategy there dictate my only move should be an all-in move.
This felt wrong to me because while I am indeed in the red zone, I felt I was in a good position in the tournament at this time 5th of 11. The all-in or nothing feels much more right when we are still at the beginning or middle of the tournament.
Is the M-Zone strategy still a good one in this situation and if it is could you explain why?