rivkin report, page-24

  1. 7,409 Posts.
    Boutross,

    Probably didn't explain myself well enough re false depths. I refer to depths that have been created unusually. The number of buyers are all from one source, so they are only fighting between themselves for stock, which inevitably pushes the price of the stock up. There are no buyers from other sources to warrant the rise, so when all is done, the price drops back to where it should have really been, and all those buyers have paid too much. The same to a lesser extent when selling stock.

    Again I can't see how money can be made this way by the majority, only the minority. From a trading prespective, my preference is to look for shares which do have high exposure (crowd favourites), except to wait for lulls in volumes and hype before buying in. This can be risky or rewarding but downside is limited with a tight stop-loss.

    Again, just my view, if others make money out of following Rivkin, then good luck to them.
 
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