It has been interesting to watch the market forces on the ASX, DAQ and Broker off market murky movements over the past months and more recently. Seems to be simultaneous accumulation, profit taking and price suppression. All by the same brokers, big fish and they are good at it. Imagine what will happen when 'They' decide to let the SP run or can no longer contain it.
I'd like to think all these forces balance out and the SP movements are ultimately the outcome of data, but I will be keeping an eye out for performance enhancing practices initiated by 'Them'. Not a day trader, but also not blind to the brutal facts.
All is in the data, sentiment, timing and EBITDA.
The next seven days are going to be exciting, revealing and healing.
Enjoy the ride and no regrets 'Laggards'.
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