InvestorsHub Logo
Followers 2768
Posts 77901
Boards Moderated 1
Alias Born 05/10/2007

Re: tom8oes post# 16782

Tuesday, 03/09/2010 4:56:12 PM

Tuesday, March 09, 2010 4:56:12 PM

Post# of 372490
We also need to learn how to trade a little smarter collectively as a group. Too much buying early in the morning at the open and people are not leaving some of their buys for near the close. That's how the mm's get you with the low volume walk down late in the day. I always liked the bid sit all day and hammer the close with whatever part of your bid support didn't get filled school of buying. Now if big news hits mid-day then fight your way in with the rest of us lol.

Today's a perfect example
First hour of trading 1.8 million shares Buys, 559,000 sells
Last Hour of trading 100,000 buys, 500,000 sells and they walked us down near the close again. Buys outnumbered sells by over 2 million shares today but they got us because we ran out of bullets before the fighting was done imho.