Replies to post #3221 on Bausch Health Companies Inc (BHC)

[Trendliner]

YES, AND THE PRICE BEHAVIOR REFLECTS THE BUY AND SELL DECISIONS IN AGGREGATE INCLUDING SMART FUNDAMENTALISTS

The presumption is the better informed investors, who have more money to play with because they are better informed will jostle the price more than the little uninformed trader/investor.

Not always the case, of course. Ackman who has a ton of money to play with got VRX wrong. But the technicals gave glaringly correct signals. In Aug 2015 the acceleration signature was > 5 standard deviations below the mean. That says something....to technicians. Somebody knows something and it ain't good. Perhaps there was something in the fundamentals and filings that said the same thing. I don't know how to read that stuff.

That signal was enough for me to bail out. I kept reading all the statements the smart fundamental guys. I recall an interview with Ackerman in October of '15 after the acceleration signature had gone even more negative ( - 10 sigma) and he was very bullish. I figured it the stock was going back up it would have to do it without me on board.

I must admit I was tempted on the way down to go back in but after the 14 week RSI went below 20 that fact prevented me from doing so.

I may consider a long in VRX again but I would need to see certain technical patters in momentum and divergence.

I will continue to read the board to see what smart people like you can tell me about the filings. I know they are rich with information. I also know I don't know how to dig it out. So keep those comments coming.

thanks
Trendliner