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hmm...intriguing insight..with 2nd Q that answer the st Q
2 important questions;
1.Is the US. a free market?
2.How can it be free if there is a federal reserve manipulating the money supply?
And the answer is"To the extent that there is a central bank governing the amount of money in the market, that is not a free market "said former Fed. Chairman Allan Greenspan in sept. 2007 on TV to Jon Stewart.
There you have the answer-this is not a free market.
So do not be confused by the movement of the DOW-it is manipulated so you are just playing a sucker's game and the sucker is the man in main street and not wall street.
with Dow up +175 and such a short timing i doubt shortists in play more like BB manipulation.
wow lau!! like that oso can (2 days oredi). STI +5.40 no different lah Still under 3600 water
it close on the uptrend support. bullish or bearish i leave u to decide.
volatility in low vol is expected but shouldnt break the uptrend support. as low dun close below it than we see 1st. 1 step at a time. i areadi clr my positions so still ok. left call warrent
expecting the dip to start taking place mon or afternoon of the 12th actually.
hmm...manipulation or not, doesn't really matter. since how does one qualify that anyway... the key thing is that vols are thin, so movement will definitely be volatile.
yah, the rally since the btm of november has been on low volume. This rally is sustainable or not confirm. either the retailers is scared thus didnt enter or the BBs did not really enter. we may see it dip to 3490 region if there is to be a healthy retracement.
Feels like there is some broad based manipulation. Up very high in the day only to drop to negative in the afternoon.
Yah the upward trend support is broken when STI dip around 4pm or so i guess. bearish.. not sure if it is bear trap or not but we see the closing 1st
The STI movement these couple of days is really suspicious.
yeps cashiertan. elfie locked in calls this morn alr. keeping light and fast as possible. waiting for retracement now. no hurry. :)
now -ve, i think will end -ve today.
broadbased profit taking. need to be careful as it may (have a chance) turn down to november low again. afterall still in downtrend in mid term. gotta be careful in trade as anything is possible.
consolidation phase for the small year end rally, i think
seeing distribution on the blues. warrants are confused, both calls and puts are down. lol. watch last 5 min closing bell, likely to have hokey games then.
it maybe posssible as 1620-30 has been established as a major resistance as pointed out. however, cant neglect the DOW can do to us if they rally as much as yesterday agian. however DOW too is hitting a resistance region.
almost all my buy signals turned negative today. lucky didnt enter as i think STI is weakening this few days.
Looks like the shortists win today
hope not like yesterday end -ve.....
buy low sell high.. remember..
it's time to buy if it falls back to 2 days ago price for "particular counter you eye for"