Maybe this is the way it works.A sells to B hoping to buy back...

Maybe this is the way it works.

A sells to B hoping to buy back if it falls half a cent 5% profit. A misses out so buys back from B who sells to make 5% profit. A then tries to get back his loss, ramps the stock and succeeds in breaking square. C thinks we are on a roll so he gives A a help. C finds the roll is going backwards, worries about his T+3 so takes a loss. B buys again hoping that he will make another 5% but now has to hold overnight because he didn't get the rise he wanted before close.

etc,etc.

That is why it is sometimes hard to find a reason for the SP.

If the market slowly rises most will make a profit and say how good it is to be a trader. This sucks them in for more. Remember that 90%+ of traders eventually lose money in the long term.

In the meantime the true investors accumulate. Maybe they end up accumulating a heap of worthless stock but usually they will find that time is on their side and they will profit.

(If you can understand that please explain it to me as well as others.)