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hedge_fun

02/07/24 4:00 PM

#77549 RE: trading.jeff #77546

It turns out ACE is registered with TX......whew

Matthew Burgess is the founder of ALKHEMICAL CE LLC.

DSJW Holdings is the Managing Member.

Back to watching the paint dry.
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Nighthawk_1

02/07/24 4:22 PM

#77552 RE: trading.jeff #77546

"What is missing is decent/heavy volume."

Not always true. I think that sometimes people are holding tight for higher and will not sell at these lower prices. I think it's up to those on the Bids to start stepping up to the table, instead of sitting. One can sit all day and not make money, but it takes money to make money.😁
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Nighthawk_1

02/07/24 4:30 PM

#77553 RE: trading.jeff #77546

Think about a product one wants to buy at Wal-Mart, for example. One can sit there and not buy the product at the current price and hoping for the price to come down. But then, other people come in and buy that very same product and clear the shelf. Then Wal-Mart restocks the shelf and the price goes up. The one just sat there and wasted their time and lost out on the price at that time, but now the price has gone up. And this was a product they actually needed.