daytrades june 2 afternoon, page-35

  1. 1,485 Posts.
    Winetwo - I've got a lot to learn about market manipulation tactics, but I just can't agree with your suggestion.

    If the dude wan't to buy a stake in Netcomm, why is he so keen to make a quick $20K today? (now $12K) If he induces selling ("turkey hunt"), is he going to buy some more when the price falls a few cents? I doubt it, because he could have bought his full stake last week for a lot less than he paid today.

    From the look of the chart, my guess is that he was trading the "Maribozu" candle of yesterday, but overplayed his hand. Let's see how it pans out - he has until Monday afternoon before the boatman calls for the toll.
 
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