OTCPK:TOUBF - Post by User
Comment by
taman1on Jun 10, 2011 4:47pm
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Post# 18701211
RE: RE: RE: RE: last 15 min could push it up highe
RE: RE: RE: RE: last 15 min could push it up higheNot to worry as long as u keep your holdings manageable ... my explanation for the sudden drop again is the robotic trading system ... they only day trade, so they have to square their position regardless of profit or loss ... algorithm trading ... they lose on majority of trades but keep it small and make alot on trades that on the average cover their losses and in the end they squeak in with a tidy profit for the month ... nobody knows their parameters except themselves and it is a prized secret ... it was on 60 minutes ... so do not worry about this sudden drop as though the shorters or some "smart" genius got an inside track ... the inside track was the drop from $20 to $4 .. now it is just picking up the pieces ....so IMHO today regardless is good news, how the stock trade is irrelevant today because the system is too big for us to handle ... longer term it will work ... it did for me since the market crash of 2008 .. understand why you bought and set your target ... if the worst happens, the manageable part will save you ... Cheers