RE:RE:RE:Not a conspiracy theorist but...HighOctane89 wrote: It's a computer program , as long as Toronto wants to depress the price the algo pattern will remain the same . Well played mas
itsalie wrote: masfortuna wrote: I had noticed a trend that 1234B also noticed. The sp jumps at the open and then drops after 10:00. Ihold a core but have some trading power and for the last 26 market days I sold at 9:45 and bought at 3:45. I did this with 3 companies and BTE is one of them. Guess what? 24 of the 26 I was in the green and I am up 52% on those 26 trades total. A few time could be coincidence BUT 95% is definitely not. FYI the same thing happened today for a 1.5% gain. Will buy back at 3:45. If this keeps up for a few weeks, I will actually be in the green with BTE. Never seen this before.
So anybody care to explain what that's all about?
Well played, I have also noticed a simialr trend.. stocks sell off around 10am
The price of wti goes green as soon as the international markets open and goes red when North america opens (or shortly after). That's the pattern. It should not be based on algos as this is an essential commodity. I am beginning to think it's intentional to allow cheaper oil worldwide and avoid inflationary pressure. If that is the case, then you can forget capitalism and free markets. i just didn't expect the USA to be the main culprit.