mashala signed, page-40

You actually can predict it to a degree Andrew, the smart money don't buy in until they "test" the price and this can be clearly seen on CCC's chart. If you look back at 30th june and 9th July you will see both bars are similar ie wide spread, high volume, finished near the top. Indicates buying coming in. The next day in both cases was a much lower volume day closing within the range of that previous bar. These were tests where the buyers stood aside to see if there were anymore willing sellers. The last thing they want to be doing is buying from hordes of willing sellers so they wait till they dry up and hence we get these really low volume days after buying surges.

They then take the price up often gapping it up to increase buying enthusiasm and when its high enough or near a resistance level they will sell to the unbridled optimism. They then stand aside let the mums and dads try take it up themselves which of course they can't cos their pockets aren't deep enough, the price rolls over and down, panic selling ensues and the cycle starts again.

Cheers!