XJO 0.81% 7,971.6 s&p/asx 200

Smile Power Thursday, page-39

  1. 5,880 Posts.
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    "I called it monday that we will sell off Thursday."

    Actually, on Tuesday night, you wrote:

    "Come friday morning the downtrend will be back in play... Sit wait short Thursday afternoon."

    But but the general idea was right.

    "Wonder how deep those pockets are to push xjo up 200 points then dump 200 points in 4 days."

    They have computer programs, and they trigger the shorters into a short-cover rally, which helps to keep the momentum up. So they can do it with much less money than you think.
 
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