Friday, February 17, 2012



20120217 FCPO daily, breaks out of the top trendline...



Yesterday I overheard a trader say, "They are just forcibly pushing up the market.(It won't last)"



Just this lunchtime, a fellow trader said the very same remark to our group. And through the 40 tick runup, the exclaimations were that "the market is manipulated, 'they' can detect when we sell (short) and immediately use program trading to eat up the offers." Up to you to figure out what all these emotional responses mean.


And I just heard another remark, "Buy this morning the price couldn't go up and whack down..."



0 Comments:

Post a Comment

<< Home