JI
jimkane
Rep: 3,058
Posts: 33,089
There are all sorts of technical reasons why this may be done (for now) in here, so I'm not expecting this to do any more. I'd prefer it make one more push, but there are factors saying no to that. Hence, I'm thinking along the lines of give it some room to breathe on some, but be tight on some, as this could be done already. This applies to a short-term 'intraday swing trade' (what many call a 'daytrade').
JI
jimkane
Rep: 3,058
Posts: 33,089
These guys are so funny. Make it look scary to the downside, pop it up hard and make it look like it is literally exploding, then drop it right back off that. Just sweep 'em in every direction repeatedly. See, it's at an area, they don't plan to put it over in the RTH, but they don't want to sell it off here in the RTH either, so what else is there to do but play games with the very-short-term daytraders. Why not, I'm sure they figure. Likely just some big player at one of the big money-center banks, a Fed stooge basically, given trillions to play with and programs that can control every tick of the market, just goofing around, taking some sucker money. That's all my take, anyway.




