RE:RE:RE:How to nail those TD wash traders?Retail normally would not be making 30 identical or similar trades a day with small number of shares. Sure there are people selling $400 worth shares at a time but they would not be doing it in patterns that I am seeing right now.
mlcb2525 wrote: The volumes are low and the same pattern of sliding down from recent highs are shared by a number of my other Cnd O&G plays. Funny, my US plays have been much more resilent lately (even BP).
Seems to be retail getting out (which is always a good sign alwasy late to the party and they leave too early), as they not have the conviction that the summer (assuming globally we get a handle on Covid) will see higher oil prices.
When this happens, you will see that the people who missed out, will come out of the wood work and complain about the big guys manipulating the market. Maybe this is so, but they only do it because it is so easy...............