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Re: kando post# 132356

Wednesday, 06/09/2010 6:29:11 PM

Wednesday, June 09, 2010 6:29:11 PM

Post# of 179214
I agree that the MM's are definitely playing games. The games seem to be more apparent watching the trades on L2. I also agree that they can mess with the chart, especially in the shorter term. However, I think it gets a lot tougher to mess with a chart over the very long term (e.g. several months or longer), so I think there is some validity in looking at something like the overall trend of the A/D line for the past year.

But then what do I know, lol. CDIV and E are my first FLD's (and Monk told us in PHX that the charts didn't mean a whole lot for FLD's). Anyway, I think you're right about the past few days. Something does seem to be changing here. Time will tell what exactly that means.