funky, agree there son
last nights action on the DJIA has got the same feel as 27/28OCT
First bar up on bigger volume (quite possibly the pro's supply),
(that's their Friday btw) closing high, getting everyone excited catch me if you can sort of stuff don't miss out
To be followed by a narrow spread middle closing UPBAR which is still taking lunchtime orders from the ones running late, maybe caught in the traffic etc
These guys would be saying, wow glad it hung around for me today, and hadn't taken off too much, must be my lucky day got a bargin at these prices I think
imo on the DJIA tonight, they'll now proceed to lock in all those buyers,
there the ones that have bought over the last few days and they'll do it by taking the market lower and locking them into losing trades
may be wrong but you never know hey
.........
Ineptocracy (in-ep-toc’-ra-cy)
- A system of government where the least capable to lead are elected by the least capable of achieving, and where the members of society least likely to succeed or even to sustain themselves, are abundantly rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers
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