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Technology Stocks : NOK... without the BS -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (358)9/5/2012 3:21:23 PM
From: Lahcim Leinad  Read Replies (1) | Respond to of 580
 
As far as I can tell, the NOK chart completely broke down today. I expect to see a hair above $2 to be the next stop, before it goes lower, after they announce the MASSIVE losings, on Oct. 18.



To: sense who wrote (358)9/5/2012 4:22:35 PM
From: sense  Read Replies (1) | Respond to of 580
 
Thinking about that a bit more...

There's only one simple explanation that comes readily to mind... that CAN create that "shift" I observed in the 60MA today...

And, although I determined what I did in the prior post purely from what I observed in the chart today, in real time as it was occurring, without thinking about it in relation to the event... that reference in the chart going back to 1 August IS a reference back to the NITE trading debacle.

reuters.com

So, "the explanation" that makes sense... the only one I see... is that somebody, TODAY, enabled a change which allowed a large additional number of previously existing trades that HAD occurred on 1 August... to cease to exist... today...

A couple questions result...

How does a trade that is made to cease to exist... get reflected in trade volumes ?

How do you accomplish that... without making waves in the market that result in unwinding OTHER trades ?

And, a couple of observations...

The NITE issue... and NOK's shares as the largest volume in participation in that event... aren't "done" yet...

The impact, today, is seen to generate a flagrant misrepresentation in the charts... now showing that NOK did not violate the major chart support at the 90MA at $2.43... that it DID violate in fact, and in grotesque fashion...

The charts are a fraud...

So, there appears to be obvious manipulation occurring... right now... that appears it is intending to practice a fraud on the markets in the trading of NOK stock...