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Friday, June 27, 2014 12:55:24 PM
If all investors thought exactly as you did, there would only be buyers and no sellers.
Try going to any farmer's market where there are no sellers? It doesn't matter how much money you have in your pocket if no one is selling.
Have you ever seen a market work when there are only buyers but no sellers?
Hello? Anybody home.
It is the differences in views that make ANY market WORK.
At any rate, at this exact moment, we seem to have more sellers than buyers, and we can see what it is causing, can't we.
Obviously, these two sets of people do not agree with each other.
THIS IS HEALTHY.
So is a hanging man on the candlesticks which means the Puff and Fluff is becoming overtaken by reality STUFF.
Maybe it's because the 10Q preview doesn't look all that hot.
But you and me won't know that until mid-August when some of use say the big news is coming....
There will be news, and yes, an SEC filing certainly is NEWS.
PS It seems that volume is picking up now.
Probably just day traders getting rid of their position for the weekend and buyers waiting to get a better price.
Just sayin.............
Right now I almost see a DOJI of indecision.
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