Z4,
At this point in the proceedings we have to separate the technical from the fundamental. We could refer to the current trading dynamics as a period of consolidation, but it's not. There being a need of factoring in 'black' Friday. The manipulation. A little something many folks are losing sight of.
Had the manipulation not been? Well, then we could talk about whatever consolidation period might have eventually arisen. The chart dynamics were interrupted by what happened 'black' Friday. The so-called consolidation period amounting to nothing more than the aftermath of the criminality. The fallout.
Not a true period of consolidation.
Folks still a bit skittish. The prospect of the downside. Risk/reward adjustment. And a nonissue in light of the big picture. The longer-term reality. With market level holding up remarkably well in light of overall sentiment. The major markets/exchanges in general. The PR 'silent period' specifically. The continued FUD routine. So on. Holding up remarkably well. A reflection of the actual underlying sentiment. Just waiting for the right spark/catalyst to set things in motion once again.
If what a little clear thinking coupled with a little close attention to detail spells out, is accurate? (And it very likely is.) Well, we're on the verge of a bomb of a consolidated PR going to see market level soaring.
What it is that I, for one, wholly anticipate.
Mr. Metter again...
"The time has come for us to move off the Bulletin Board."
As for my SPNG position?
No. Being comfortable where I am. Original position. Significant paper gain.
Awaiting payday.
Massive ROI.
Phrantic...
Exactly what's what we, none of us, know. But the empirical is there. For all to see.
Not much else to say other than the reality of certain 'groups'.
No argument there.
Time to leave the BB behind.
(See above.)
Drew…
First, let's consider what market level would be currently reflecting had the 'black' Friday antics not been.
How High?
With none of us able to say.
The 'embedded' argument I'm aware of (D. Furth). And as for who holds what, currently? Shareholder base realities?
Been addressed.
We'll wait for the NOBO + DTCC detail to spell out the reality.
Ending the speculation.
Onward and upward.
AI
