Holy Cow!
I wonder how many of you on this board know how the game is played. First, But there are 2 factors that make traders undecided: greed and panic.
If you read this board, no one has to be Albert Einstein to see doubt, uncertainty, over-confidence and fearfulness. This is why trading is manipulated. I will give examples.
This morning, the BID was 1988K and ASK were 1982K, with regular changes. They are seldom wide apart. Why?
First, crooks take profit: trading starts modestly and move up at a snail pace. I sell some within the first 15 minutes and an hour to 3 later I would buy back for less and sometime much less.
Now, have you noticed when a stock is gaining momentum, someone would jump in to sell for less. Why would anyone do that?
Well, they want your shares cheap by triggering your panic instinct.
Don’t chaste the train if it has left the station. Wait for the next train and you will be ahead. Most importantly, do not come up with theories, as this board is full of that: obsessive-compulsive behaviour. They have to ventilate their mouth.
And, I know what is going to happen. I have observed it for years. Now put this is your pipe and smoke it.