Isn't it like this EVERY YEAR just before Labor Day weekend -- low
participation in the market because all the professionals are historically
on vacation at this time? I say wait until they all come back, get a good
look at their portfolios and decide which direction they're going in. It's
a fool's game to try to play as a "result" of perceived "thin" volume.
Mike Collier
Oak Harbor, WA
Labor day is NEXT week, you idiot. So last week was NOT the week
before labor day. It was an ordinary week .
>> Stock market rally for week ending august 24 on VERY WEAK VOLUME
>Volume is meaningless. The masses love to waste their time with it.
And they also love to follow the scent of snake oil, such as
"resistance," "overbought," "oversold," and other malarky that is used
to justify the manipulation of this fraudulent "market".....
> And they also love to follow the scent of snake oil, such as
> "resistance," "overbought," "oversold," and other malarky that is used
> to justify the manipulation of this fraudulent "market".....
Yup.
I believe such TA indicator hype is a tactic used by "the big boys" to
attract more traders to generate more profit.
> I believe such TA indicator hype is a tactic used by "the big boys" to
> attract more traders to generate more profit.
THOSE BASTARDS!!!!
Those? You're not included? Awe.
It may be true that I am the idiot, here. But, as we speak (write), all the
professionals ARE INDEED on their usual annual break RIGHT NOW and will
return AFTER LABOR DAY, dickhead -- hence, thin market volume. I don't give
a rat's-ass damn whether Labor Day is THIS weekend or NEXT weekend, as this
does NOT CHANGE the fact that the professionals are NOT AT WORK DURING THIS
TIME OF YEAR -- EVERY YEAR!!!
Listen, I am NOT taking issue with your idea about direction -- just urging
caution, as it appears that you are be using a patently false justification
and disregarding the STRONG seasonal nature of thin volume/weak
participatiopn at this particular time of EVERY YEAR.
In fact, I think you might be RIGHT about the direction -- just looking for
some DECENT and more effective justification.