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Re: 3RunHomer post# 27747

Saturday, 09/25/2010 11:29:32 AM

Saturday, September 25, 2010 11:29:32 AM

Post# of 59550
3Run......many professional traders will tell you that they trade "naked"; that is without the use of any indicators or other ephemeral data whatsoever. Their mantra is that price action, and price action alone, tells the whole story, and injecting anything else only clouds the analysis. They even have written books on the subject. I suppose it's what each individual is comfortable with.

I personally have a hard time understanding why it matters to the markets whatsoever whether the people doing the selling own the shares they are selling or are simply borrowing them. Selling is selling, and it's simply one side of the supply/demand equation. But hey.....thats just me. GL.