"They" are trying to paint the tape so that a char
Post# of 72440
Posted On: 08/23/2016 9:41:10 PM
Re: daydreaming2 #26656
"They" are trying to paint the tape so that a chart-reader would say something like this (which is all BS, I'm just giving an example of what they will try):
"Look at that big fat red candle. The pennant is failing, the uptrend is unsustainable, we're going down to 1.20 and then less than a dollar."
REMEMBER THIS IS BS AND I'M JUST WARNING YOU WHAT THE BOGUS CLAIM WILL BE.
They're doing their best to try to make it look like the opposite of reality. Today, they whacked it down 3 cents on extremely low volume. But they'll act like that is as important as all those days where we saw a lot of buying.
It isn't.
"Look at that big fat red candle. The pennant is failing, the uptrend is unsustainable, we're going down to 1.20 and then less than a dollar."
REMEMBER THIS IS BS AND I'M JUST WARNING YOU WHAT THE BOGUS CLAIM WILL BE.
They're doing their best to try to make it look like the opposite of reality. Today, they whacked it down 3 cents on extremely low volume. But they'll act like that is as important as all those days where we saw a lot of buying.
It isn't.
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