question, page-19

re: re:dingo//bendigo hi bendigo,

my metastock as you can see is showing red and green candle's,

the red candle's are bearish,

and on the day in question 7/1/2005 the candle open-d significantly lower at $0.054 cent's,from the previous day's candle,[bearish],

it is looked at by what flow's into and out of the given stock on the day,

there has been more selling then buying,

this statement is backed up by the price falling and the momentum/rsi/stochastic/ all of which are falling as well,

i have tried to give you a web address that show's you the buying and selling on any aussie stock on the day but i cannot find it,[sorry]

the volume was/is around 33 million lower,
then the previous day,[bearish]

all so i agree with your second question for every seller there has to be an equal number of buyer's for the share's on any stock,

but bendigo what is it then that make's the price rise and fall?????,

at close on the day someone put in a buy at $0.55 and given people the impression that this volume on this stock had a bullish day,

when in fact it had a down day,very bearish in my view.

so please dont be fool-d by it,

chart's are how i trade 80/%T.A. 20/% fundamentle's,

and i can tell you now,
that i cannot tell were this stock will end up,

but from a fundamental point of view it could continue on its bullish way,

it has a great story,

and i hope it work's out for you all,

but my way of looking at these chart's tell's me someone is playing some sort of game here for some reason.

good luck to you my friend.

p/s i do not hold nor will i