(Total Views: 927)
Posted On: 03/16/2017 9:37:23 AM
Post# of 41414
Exactly.
Right now most of the shares being traded are going back and forth between day traders. That is why the steps up are only about .0006 when they occur. That is about where the day traders are taking their profits, then waiting for the dip, buying, and selling at the next step up.
Like a staircase. Every week or so, another step up.
Some of those shares are being filtered off by the longs who are going to hold, and as time moves on, there will be less and less shares available to day trade on a daily basis.
Of course, as the price of those dwindling number of shares rises, the dollars spent in any given day still could be about level.
Regardless.....over time.....as the weak are weeded out.....the ultimate run is going to be "To Infinity and Beyond."
Right now most of the shares being traded are going back and forth between day traders. That is why the steps up are only about .0006 when they occur. That is about where the day traders are taking their profits, then waiting for the dip, buying, and selling at the next step up.
Like a staircase. Every week or so, another step up.
Some of those shares are being filtered off by the longs who are going to hold, and as time moves on, there will be less and less shares available to day trade on a daily basis.
Of course, as the price of those dwindling number of shares rises, the dollars spent in any given day still could be about level.
Regardless.....over time.....as the weak are weeded out.....the ultimate run is going to be "To Infinity and Beyond."
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