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Re: Lazytncajun41 post# 8135

Thursday, 01/22/2009 6:47:10 PM

Thursday, January 22, 2009 6:47:10 PM

Post# of 18318
You do realize that there are always as many BUYS as there are SELLS, don't you? Those statistics are actually merely an attempt to interpret whether the BUYER paid the ASK or the BID.

They tend to reflect the factors of fear and greed among those holding shares. Fear causes selling at the BID by holders and it also causes buying at the ASK (so as not to be passed up) by buyers. GREED causes selling attempts at or above the ASK by holders but it also causes buying attempts at or below the BID by buyers. So, price movement is supply and demand driven by the compensating factors of fear and greed ont he part of both parties.

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