Strategies & Market Trends | E-Wave and TA Workspace


Previous 10 | Next 10 
To: CaptainBoom who wrote (197848)5/16/2012 7:44:00 PM
From: Lahcim Leinad   of 203202
 
Reminds me of something I read in "Reminiscences of a Stock Operator". The big players, when they want to buy, start by selling to see if the supply will be taken up. Once they determine that, they flip and start buying.
Hmm, I read that book. I recall it like this guy does:
I have been reading "Reminiscences of a Stock Operator" by Jesse Livermore, there he explains how he managed to 'manipulate' the stock price up (i.e buy back a small quantity of stocks to raise the price and stir up the interest of speculators) before unloading a huge pool of shares. He calls this as 'distributing' the stocks to public and the 'manipulation' as 'increasing the marketablity' of the stock.
ethics of stock price manipulation - The Mises Community

Share Recommend | Keep | Reply | Mark as Last Read

From: mchjc5/16/2012 10:03:48 PM
1 Recommendation   of 203202
 
AAPL...Sorry...unexpectedly tied up and delayed, so will just note, very briefly, that upper range of next underlying S area was pierced today, with next S lower, at about 515. Strength of S here does not appear very substantial given the very brief chart congestion in this area...although the heavy volume in the congestion area may add to its S power..

Share Recommend | Keep | Reply | Mark as Last Read

To: mchjc who wrote (197830)5/16/2012 10:31:30 PM
From: robert b furman   of 203202
 
Hi Henry,

Busy away from the market all day.

We need to swat that fly tomorrow.

Furtures up big tonight.

Trying to get caught up with the action I missed today.

Just working through posts.

Bob

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: robert b furman who wrote (197851)5/17/2012 9:49:26 AM
From: mchjc   of 203202
 
Fly still in the ointment...LOL

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

From: mchjc5/17/2012 10:03:13 AM
   of 203202
 
SPX EW....fishing for a bottom ??

At 1319 now, has retraced 0.382FIB of preceding advance....and C down = 1.55xA..

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: mchjc who wrote (197853)5/17/2012 10:06:26 AM
From: hawkeyefan   of 203202
 
I think this last jab was it. I took a chance and bought it down there.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

From: jjstingray5/17/2012 10:07:33 AM
   of 203202
 
Important levels coming up. 1292 and the 1 up gets violated and potentially the up from October becomes a three wave correction. ie: CAT, JPM. Or we see Henry's bounce any time now.



Share Recommend | Keep | Reply | Mark as Last Read

To: mchjc who wrote (197853)5/17/2012 10:09:38 AM
From: hawkeyefan   of 203202
 
15 minute slow stochs have turned up. 60 minutes will shortly and may have actually done it.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: hawkeyefan who wrote (197856)5/17/2012 10:10:37 AM
From: hawkeyefan   of 203202
 
60 minutes have done it. Have to go with it.

Share Recommend | Keep | Reply | Mark as Last Read

From: mchjc5/17/2012 10:13:23 AM
   of 203202
 
At 1315.28 low, C = Ax1.620FIB.....right on the button,,

US$ "fly" seems to be leaving the "ointment"...LOL

Share Recommend | Keep | Reply | Mark as Last Read
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.