RE:RE:Could this short term trading strategy cause the volatility?sunshine7 wrote: As long as the traders outnumber the fundamental investors, this will trade according to the charts since traders 'create' the charts by selling (short) when it rises too fast and selling begets more selling until over sold. Those using stop losses are feeding this behaviour. very soon it will reverse IMO if the general market is supportive.
so far, all the buyers have been getting burned. for the foutth day in a row now