Registered: Jun 2011
08-03-12 01:18 AM
Quote from hft_boy:
It's not exactly a sure thing, but look at volume. Like, if you go look at the charts, the low in (December) 2008 was also accompanied by gigantic volume.
Bigger volume than usual "could" be a sign except volume can keep increasing as the trend continues and now what looks big, is not as big as we thought it would be and so forth.
I agree with the sponsor above, in hindsight it's all very clear and easy, that's why people lose, because it looks so damn easy in hindsight, yet it does not work for crap live and the proof is that almost everyone is a consistent loser. People want to blame discipline, but even with strong discipline, people keep losing.
The real winners are the brokers, the salesman, the underwriters, the companies going from private to public, and all the peons around them. Retail is screwed and always will be.
The funny thing is when others claim the contrary but they swear on secrecy and can't or won't do anything to prove otherwise against those that see the bullshit.
All smokes and mirrors.