http://createwealth8888.blogspot.com/2009/10/who-moves-my-market.html
See the comment from Gohsip:
Gohsip: Uncle8888: 'If you look at my charts posted with those technical indicators, they are just there to confuse people. LOL.' You damn funny la!
I am Funny meh? What is right about these technical indicators?
If the Sharks like a particular stock and probably the buy decision has to be strongly supported by their analysts or backend research professionals, these Sharks will close their eyes, plug their nose, and just buy whatever being offer at market. When enough Sharks smell the blood in the Market, the stock price is going to drive in one way UP. Similarly, the reverse is true, when the Sharks dislike a particular stock and soon more Sharks will come to join in the frenzy, and everyone will be watching at the falling stock price with their mouth open wide.
After the frenzy actions are over, only then these technical indicators will come and show what the Sharks have been thinking?
Is there a better way to watch the movement of Sharks? How about Price and Volume Action in the Time & Sales transaction history? Can we see the Sharks coming?
EUR/USD backslides on Thursday, tests new multi-month low
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