Yesterday i placed a MO to buy 600 shares of EM800, it took 7 fills to get it done. (5 100 lots one 30 and 1 70 lot) What are the odds this would happen with SIRI or any of a thousand other issues.
This week is an easy one to review ahead of next week and more of the same. This is pure Systemic action.
They dont have the inventory they obfuscate, they are trying like hell to get hold of it lower, there s absolutely nothing you or i are going to do that impedes them from running thier script. Take a look around the news wires of the last 10 days or so, what do you see, business conditions of particular companies (the "trees" we attend to ) improving, while the systemic interest which are characterized by the forest watching media, say, the sky has already fallen.
You cant have it both ways, even though at any given time the profiles of single issues are in transition; from weakness to strength or from strength to weakness. that just verifies money is in motion. Unfortunately that money isnt wearing a sign or carrying a megaphone telegraphing its destination. No transition from one place to another happens plainly, because it happens by the participation of parties, there can be only one way that actually shows the movement. Price cant show it, its bait not the product of the plan.
individual stock data is the only data that tells you what you want to know about that particular issue. you have no choice but to assess that data against itself as its accumulated, and then you must decide what it is the data are saying. All other data appearing simultaneously may contain bits of extraneous potential, but its just as likely to have no impact what so ever on the particular stock.
Systemic markets are the best markets to do relative valuation analysis, because with everything going in the same direction at the same time, its far easier to make a determination of where you see the best values emerging according to your best understanding of all your accumulated information.. |