I see it as simple profit taking and reload,a stock can't go up
30 points in such an extremely short time frame and not pay the price(except for a few IPOS on first day action) --many people holding from 50 or lower simply say,cripes 30points I take it.
New buyers see the beginnings of a dip,and say "no,no" I am going to wait until the selling is done--at which point there is an instantaneous reversal in the supply/demand --sellers wanting to take
profits out,out number buyers significantly,stock goes down.and will until
until buyers say "yes,yes" I like that price but sellers say "no,no"
I will not sell until higher and thus reversing the supply/demand to
upward buying pressure.
I will never surrender to MM conspiracy theories,except for the BB stocks,and that is why I avoid the BBs,they are manipulation heaven for MMs.Max,and sweating in Maine--just came in from my neighbor's outside by the fire weekly music session--guitars and a mandolin and a banjoe and song.Nice Night. |
