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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Broken_Clock who wrote (18617)4/9/1998 3:14:00 PM
From: waverider  Read Replies (2) of 95453
 
HOLY BEJESUS! What a ride with ESV. That huge volume move on the uptick after those scumbags dropped it below support tells me one thing...manipulation plus. This is the kind of thing I have talked about before where those stop losses are being looked at by all the brokers and they take her down to cause the triggers to be pulled...then scoop up all those cheap shares.

Niffty chart PK. The low volume drop before the huge buy volume is also telling. Telling of what? Who knows (see above)? Anyway this is a classic example of why a trader with stop losses (set or mental) can get jerked out of winning positions...I am assuming a lot here about the winning part. Time will tell. But man, what fun.
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