PINL:VLTAF - Post by User
Comment by
VentureTrader1on Dec 28, 2011 5:46pm
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Post# 19355371
RE: RE: ITG Must be Feeling Good Now
RE: RE: ITG Must be Feeling Good Now True enough. VTR and several other stocks I follow signaled that they could be set to kick off a rally through the quiet week between Christmas and New Year, which would have set up the possibility for a nice longer-term trend reversal, particularly since so many are so oversold right now. But today's action has reversed those signals, so back to square one.
And as for the ITG comment, I was really just venting, it's been a difficult and frustrating market for quite some time now, and the gold sector is especially flakey - the concept of 'strong hand' doesn't seem to exist, whether this is intentional manipulation, or just hyper-greed/hyper-fear oscillations in the buying/selling community, I don't know.