Hi Cheif,
Ney said the commercials ramp up prices to distribute stock. I have heard of this before.
Look how the shares all around the world are "lifted" at the current time. How can you be sure this is not inventory clearout time, rather than a genuine move up?
Forgive my ignorance on this subject and TIA.
Question for cheif
Started by
Tor
, May 04 2007 10:17 AM
3 replies to this topic
#1
Tor
-
- Traders-Talk User
- 7,647 posts
Member
Posted 04 May 2007 - 10:17 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
traderpaul
-
- Traders-Talk User
- 6,034 posts
Member
Posted 04 May 2007 - 10:28 AM
I would say watch the volume.....They need to sell and then short.....Twice the normal volume.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#3
da_cheif
-
- Traders-Talk User
- 10,963 posts
Member
Posted 04 May 2007 - 10:32 AM
"they" like us live by EW and trendlines n ******** n sentiment.......they will invite the masses into their short selling dens by advancing the dow very large with froth and excitement.....its not there yet......look for INVESTORS intell to be between 65 and 85% bulls......aaii up around the same........
#4
Tor
-
- Traders-Talk User
- 7,647 posts
Member
Posted 04 May 2007 - 10:45 AM
"they" like us live by EW and trendlines n ******** n sentiment.......they will invite the masses into their short selling dens by advancing the dow very large with froth and excitement.....its not there yet......look for INVESTORS intell to be between 65 and 85% bulls......aaii up around the same........
Many thanks to you Cheif. good trading.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
