This is a general IMHO,,of not only here but across many equities,,,so read this,
and DYOR,,
So many rely on graphs,,,not realising that the graphs are reactionary to group dynamics.
Have found over much time a very basic indicator as to who and what sort of investor buys.
Sofos and institutional will buy and hold,without placing such ridiculous long term sells,
that just end up,causing many stat graphs and algorithms to show vast negatives...
You see there are many munchkins,that bought high,and put their parcels up for sale,
just over or near where they bought,
This effects many forecast charts...
And the more sell on offer that get logged the harder it is for,any movement to take place.
This effects the daily volumes,
If sells get pulled,,,( then things change real fast )
as the sellers can come back at any given time,and re put their sell orders,
but they are lazy,,, dreaming drongos,,,just shooting their own tootsies off,
and scratching their heads,,asking why no movement on positive "anns"...
~~~~~~~~~~~~~~~~~~
Now look at stocks where volume is lower,,,and the sellers do not show their cards,
pull sells then watch to see what the reaction to placed buy orders take place..
Placing stupid dreamy sell orders,is akin to telegraphing a punch,,,,
the buy side sees,,the degree of desperation..
Unfortunately,,can not educate those who do not realize such 101 basics,as the are like mushrooms,that since self managed open slather trading have grown at the same rate,
as mushrooms,that are in the dark,and have no idea of their collective ineptitude's.
Another thing is the BS of the Pre CSPA,,, last min sells pulled, and the unbelievable amount of
sellers see in many many stocks who are prepared to take a loss in the hope that they can
re make that some place else,on another day,,...
These are the ones that bust their guts,working and putting more and more fuel and money
that is eagerly nibbled at,and or soaked up by the nobodies of this world.
So again,,,thank you to the sellers,,and to those who have placed sells,and never look or read stuff,
and just hope for the best,one hope perhaps this lifts some of ya blinkers.
NoBoDe
oh
PS will stick with hold,, but thanks for the many gifts whoever gave today.
Have many interests,,but chose to comment here,,as this is a prime example of
extreme aspect of the gist's one addressed in what have written.
PSS the average reader also have dif attention spans,,and many shut down if there
are more than 10 lines,,,so if you got this far then Kodus, to whoever you are
