hello tom, yesterday and today reminded me of mcom
the momo crowd would pile in long in the morning, short mid-day and run it up at the close for gap opens, rinse, lather, repeat
when mcom failed to respond to end of day momo effort, it was done
yesterday phcm appeared to need the specialist to paint the tape to show the pattern, and today it wheezed up to $212 at the close
longs buying at 'ta oversold' signals or 'momo support points' may be surprised going forward, we shall see i suppose,
your timing is impeccable, as usual :)
regards,
ynot ;) |
