RE:RE:VolumeI was suggesting that sometimes an increase in volume can indicate a bottoming process, and given that you are a technical trader I assume you would agree. However, I indicated that I would not bet on it, indicating I have no confidence in that as an indicator. As I said in an earlier post, selling pressure will continue until the last day of tax loss selling. So I am not in any way suggesting that we have seen the years lows, quite the opposite. Momentum and short term trading is not my game; its yours, so I defer to your comments.
I also agree with your comment that a takeover is just wishful thinking and the share price is declining not due to some conspiracy or manipulation. It is declining because more people want to sell than want to buy.
I have only referred to AMZN because it is a well known success story. You can refer to other loser stocks to make a point as well; nothing wrong with that.
Again, if we you truly believe that the market is always right, would you agree that holding that theory would have caused you to sell AMZN over twenty years ago? I think you have to acknowledge that. If you don't like me using AMZN, pick any other successful company and stock, and look at the share price action and you can take the same point.
I am certainly not holding blindly and I read a great deal about this company, others, and the overall market. I think the more dangerous risk is to blindly assume that the market is always correct. You then stop thinking for yourself and become a follower, or worse, development theories that something is going on behind the scenes that the public is unaware of, that only insiders know about. That to me is akin to a conspiracy theory.
There are lots of reasons why people may want to be selling this stock at this time, and there is no need to resort to theories of stock manipulation or inside information that shorters have, etc. I have examined all of those reasons and I do not buy them. I am inclined to believe for a number of reasons that we have a brilliant future. I could care less what happens in the short term momentum game you are playing.