Exactly. Monday was a good accumulation day. That
Post# of 11899
Exactly. Monday was a good accumulation day. That is what longs want, the gradual stair step upward, not this artificial buying early in the morning followed by zero volume all day and then a gigantic unload in the last few minutes of the trading session. That kind of trading destroys momentum and sentiment and leads to lower volumes and lower prices. Of course though for the MMs and shorts it leads to more opportunity for more swashbuckling money out of the pockets of these same traders and flippers as well as making longs life veeerry looong.
Now go forth and accumulate! SLOoooowly... its really the only way to eventually flush out the weak hands and the flippers and shorties.
$RFMK!