Sricket, yes those same trading patterns exist on every exchange. The people making money are the ones who use them not investors who sit by and watch. The small investor has been duped into a buy and hold philosophy by the "industry" all the while the real players are swing trading it. By the way, if you buy stock knowing it will probably go down, there might be some mental illness involved.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.