text book swing trading 101, page-38

The only trading plan a that actually works better than the odds is to look over the shoulder of the human that controls the algorithm that controls the stocks direction, any reversal and strength in any direction...that is the bottom line.

The algo knows no fundamentals, the human does, the human aligns the alog's daily/weekly/monthly aim the majority of the time based on fundamentals and his professional sentiment first...the algo handles the fueling up/down/side ways of the of the stocks price dependent and within the humans dialed in objective.

The algo plays the stock to the humans objective via scans of the buy/sell line interest the receives from all punters.

Without an over the shoulder view of that particular stocks dials and settings how can anyone predict a single humans choice?

The entire pump on SUR has been 100% algorithm driven, before the wider market knew fundamentals known before the special ann drove a single human beings choice to arm the logarithm at the chosen increase in Vwap/any other aim by the single human beings algo holding the near absolute majority of shares on every buy and sell...when the algo registers enough alien shares (after buying and selling it's own shares to it's self to increase interest)to fuel the pump it invades the next price point, when supply wanes it reverses...rinse repeat.

We have all seen stocks where the algo gets over fueled with alien shares to the point of an intraday blow off top? last one I remember was on GCN?? just watching the algo trying to keep up with it's own shares was to me a little comical at the time.

An algo controls every single stock on the asx, ...one human at the controls of multiple stock each day and with the god like ability to force whatever end price they choose (this absolute ability decreases the closer to blue chip the stock is...but it still holds true....those stock are in constant competing multiple algo wars) this choice will be based on fundamentals and the algorithm will then handle the behavior of the herds placements....bounces based on TA? are the product of enough of the herd believing in them with their money the algo identify's the alien bids/asks and uses them toward its pre-programmed aim.

TA only works because the herd want what the herd wants....fibs are a great example i like them but unless the aim of the algo and enough fib believers place their funds at that fib projection the algo wouldn't play it either, support=same, resistance=same....everything TA=the same.

Gotta love trading stocks.