Jump to content



Photo

Who else saw it ... Price Print on Qs


  • Please log in to reply
10 replies to this topic

#1 Trend-Signals

Trend-Signals

    Member

  • Traders-Talk User
  • 1,136 posts

Posted 30 August 2007 - 01:46 PM

Whoever it was...

one Qs print while trading around 48.65 +/- with about 6-7 digit number of shares sold around 48.06 +/-, now, market is pulling back ever since the print went by.

WE WANT TO KNOW WHO SOLD THE LARGE PRINT.

INQUIRING MIND WANTS TO KNOW.

I am quite sure what I have observed is true when we review "Price Tape" for the day.

TIA

maybe it was 5-6 digit.



Probably the rest of Traders just sold and ask questions later.

Market Timing ... Trend-Signals.com

#2 BigBadBear

BigBadBear

    Member

  • Traders-Talk User
  • 1,007 posts

Posted 30 August 2007 - 01:54 PM

Ben will save us at JacksonHole

Edited by BigBadBear, 30 August 2007 - 01:55 PM.


#3 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 August 2007 - 01:54 PM

Whoever it was...

one Qs print while trading around 48.65 +/- with about 6-7 digit number of shares sold around 48.06 +/-, now, market is pulling back ever since the print went by.

WE WANT TO KNOW WHO SOLD THE LARGE PRINT.
INQUIRING MIND WANTS TO KNOW.
I am quite sure what I have observed is true when we review "Price Tape" for the day.
TIA
maybe it was 5-6 digit.
Probably the rest of Traders just sold and ask questions later.





It is not important "WHO" sold. and there was no unusual volume activity at the price you quoted the high volume candle of the day on the 3 min was at 10am(low 48.10) and that was only 4M shares... The chart implies support around that 48.10 volume low and should now bounce to about 48.45 if volume stays low. That's under normal conditions. Sounds to me like when you are asking "who" you are reaching for fundamentals to explain a technical development you had not anticipated. Time and sales are unimportant. Your 3 minute chart with volume is all you need.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#4 Trend-Signals

Trend-Signals

    Member

  • Traders-Talk User
  • 1,136 posts

Posted 30 August 2007 - 01:57 PM

Whoever it was...

one Qs print while trading around 48.65 +/- with about 6-7 digit number of shares sold around 48.06 +/-, now, market is pulling back ever since the print went by.

WE WANT TO KNOW WHO SOLD THE LARGE PRINT.
INQUIRING MIND WANTS TO KNOW.
I am quite sure what I have observed is true when we review "Price Tape" for the day.
TIA
maybe it was 5-6 digit.
Probably the rest of Traders just sold and ask questions later.





It is not important "WHO" sold. and there was no unusual volume activity at the price you quoted the high volume candle of the day on the 3 min was at 10am(low 48.10) and that was only 4M shares... The chart implies support around that 48.10 volume low and should now bounce to about 48.45 if volume stays low. That's under normal conditions. Sounds to me like when you are asking "who" you are reaching for fundamentals to explain a technical development you had not anticipated. Time and sales are unimportant. Your 3 minute chart with volume is all you need.




While what you are saying is partly true, THAT IS NOT WHAT I ASKED.

The price print didn't show on charts, but I can assure you that the print is there.

The question is asked as "Inquiring Mind wants to know". :P
Market Timing ... Trend-Signals.com

#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 August 2007 - 02:04 PM

Whoever it was...

one Qs print while trading around 48.65 +/- with about 6-7 digit number of shares sold around 48.06 +/-, now, market is pulling back ever since the print went by.

WE WANT TO KNOW WHO SOLD THE LARGE PRINT.
INQUIRING MIND WANTS TO KNOW.
I am quite sure what I have observed is true when we review "Price Tape" for the day.
TIA
maybe it was 5-6 digit.
Probably the rest of Traders just sold and ask questions later.





It is not important "WHO" sold. and there was no unusual volume activity at the price you quoted the high volume candle of the day on the 3 min was at 10am(low 48.10) and that was only 4M shares... The chart implies support around that 48.10 volume low and should now bounce to about 48.45 if volume stays low. That's under normal conditions. Sounds to me like when you are asking "who" you are reaching for fundamentals to explain a technical development you had not anticipated. Time and sales are unimportant. Your 3 minute chart with volume is all you need.


While what you are saying is partly true, THAT IS NOT WHAT I ASKED.

The price print didn't show on charts, but I can assure you that the print is there.

The question is asked as "Inquiring Mind wants to know". :P





If the print did not show on the charts then you might as well tear them up and try and find a new way to time the markets... I can assure YOU that if it didn't show up on your chart... that the transistors and software that control more than 50% of the trades did not pick up on it either... and it's a moot point. However if conspiracy is what you like, there's plenty of that around, I can recommend sites that engage in this. :lol:
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 Trend-Signals

Trend-Signals

    Member

  • Traders-Talk User
  • 1,136 posts

Posted 30 August 2007 - 02:15 PM

Whoever it was...

one Qs print while trading around 48.65 +/- with about 6-7 digit number of shares sold around 48.06 +/-, now, market is pulling back ever since the print went by.

WE WANT TO KNOW WHO SOLD THE LARGE PRINT.
INQUIRING MIND WANTS TO KNOW.
I am quite sure what I have observed is true when we review "Price Tape" for the day.
TIA
maybe it was 5-6 digit.
Probably the rest of Traders just sold and ask questions later.





It is not important "WHO" sold. and there was no unusual volume activity at the price you quoted the high volume candle of the day on the 3 min was at 10am(low 48.10) and that was only 4M shares... The chart implies support around that 48.10 volume low and should now bounce to about 48.45 if volume stays low. That's under normal conditions. Sounds to me like when you are asking "who" you are reaching for fundamentals to explain a technical development you had not anticipated. Time and sales are unimportant. Your 3 minute chart with volume is all you need.


While what you are saying is partly true, THAT IS NOT WHAT I ASKED.

The price print didn't show on charts, but I can assure you that the print is there.

The question is asked as "Inquiring Mind wants to know". :P





If the print did not show on the charts then you might as well tear them up and try and find a new way to time the markets... I can assure YOU that if it didn't show up on your chart... that the transistors and software that control more than 50% of the trades did not pick up on it either... and it's a moot point. However if conspiracy is what you like, there's plenty of that around, I can recommend sites that engage in this. :lol:




Again You are talking nonsense comments out of context, so your comments are nonsensical given the question addressed.

So, your thoughts are worthless at this point.

Sorry to disappoint you.






Comment on my question

It is quite amusing that a question can not be addressed without getting off-beat ball park comments.

My question was whether anyone else saw the price print which I noted and what your thought is if you saw it.



All right, so much so the questions.

Good trades, ALL
Market Timing ... Trend-Signals.com

#7 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 August 2007 - 02:21 PM

I see so you have little interest in price projection then and are more concerned about who makes the trades... BTW we did bounce where I said we would and are heading for that resistance... It makes no difference at all "WHO" made the trade, especially on an ETF that trades hundreds of millions of shares every day. The reason the Qs went down was because of a bearish upthrust condition that existed off the two large volume candle prints at 12:18 and 12:21. They were unable to make price stick above those 2 candles so they had to test the previous high volume low at 10:00am. Don't confuse yourself with who traded what... a 7 digit volume trade(less than 10M shares) in the Qs is almost a rounding error
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 Trend-Signals

Trend-Signals

    Member

  • Traders-Talk User
  • 1,136 posts

Posted 30 August 2007 - 02:27 PM

I don't know how many times should I repeat myself, but the question remains the same. I didn't ask about technical readings. The TA reading is not addressed. If you have followed my market calls, you have certainly wasted my time to address your comments which were not helpful, but actually on the contrary, it was a total waste of my time. Again, it is disappointment for you since I still consider it worthless comment which you are keeping on off tangent. :D Btw, of course, 5m were overbought at the time when the print was went off.
Market Timing ... Trend-Signals.com

#9 BigBadBear

BigBadBear

    Member

  • Traders-Talk User
  • 1,007 posts

Posted 30 August 2007 - 02:32 PM

guys,stop arguing.......jst buy till JacksonHole.....and transfer profits during the middle of Ben's speech

#10 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 August 2007 - 02:36 PM

The only worthless information is who made that trade(IF there actually was one).. statistically unimportant. You are majoring in a minor.

Edited by SemiBizz, 30 August 2007 - 02:38 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics