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Tuesday, November 24, 2020 12:04:36 PM
Hence the paperism: buy on rumor, sell on news.
It is my belief MM's and emotional investors have control over the movements of a stock. If the stock is under accumulation, and bad news is spew out, it is the bad news that induces discouraging actions, as well as, in the pricing (negative market emotions).
When those who have accumulated enough stock, and are ready to unload, it appears that all kinds of great news hits the air, and that is when distribution starts, and (positive market emotions) takeover because buyers believe good news and a rising price will continue to rise.
And when the public is in the market, the accumulators sell out of everything they accumulated earlier. I believe it is then the price is let down and the process starts again because nobody will pay up for the stock.
Again, everything in my posts are of my own opinion solely. I cannot prove anything or have witnessed anything, but that is my opinion of how the market could work.
GO-COAL
GO-NATURAL GAS
GO-OIL
GO-CO2
GO-WOOD
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