Thursday, September 2, 2010

Volume is Huge since 3 pm

3C is just not following this advance on a 1 min or 5 minute chart, this looks like the kind of move you want to fade. I'm really wondering what's going to be in that unemployment report in the a.m.

4 comments:

meeeee said...

But BRANDT, don't think if (EVERY ONE) knew the SECRET of the ACCUMULATION of the BIG INSTITUTIONS and them controlling the market, then THEY would CHANGE it, because MORE people would BET in the RIGHT DIRECTION based on the ACCUMULATION like you do?

That is why I wonder if THEY found out what YOU have discovered and are doing, and if every one or MORE people started doing it, and there would NOT be as many people LOSING because they discovered this, then THEY would change it because THEY would NOT be winning as much.

*****(That is why I think YOU should NOT tell EVERY ONE about this. The PROFESSIONAL brokers and Stock Traders don't need this. Because then THEY might use it AGAINST you. Do you see what I mean?)********

meeeee said...

But BRANDT, don't you think if (EVERY ONE) knew the SECRET of the ACCUMULATION of the BIG INSTITUTIONS and them controlling the market, then THEY would CHANGE it, because MORE people would BET in the RIGHT DIRECTION based on the ACCUMULATION like you do?

That is why I wonder if THEY found out what YOU have discovered and are doing, and if every one or MORE people started doing it, and there would NOT be as many people LOSING because they discovered this, then THEY would change it because THEY would NOT be winning as much.

*****(That is why I think YOU should NOT tell EVERY ONE about this.)********* The PROFESSIONAL brokers and Stock Traders don't need this. Because then THEY might use it AGAINST you. Do you see what I mean?

Mr Pink said...

Looks like the low TRIN number at close of play yesterday didn't correctly forecast todays close up. Will today's closing low TRIN number mean a close lower tomorrow? Or will it fail to forecast correctly two days in a row?

Brandt said...

TRIN is just 1 piece of the puzzle. 3C stands for "compare, compare, compare" that's it. It's a reminder that it's a piece of the puzzle. TRIN has good probabilities, but no indicator has perfect probabilities. If the market is being manipulated for a specific reason, lets assume for a minute that the jobs report tomorrow is really bad, it would make perfect sense to support and drive the market higher and let some bad news like that be the catalyst to send the market lower-this way institutional money doesn't need to invest cash to precipitate a drop and imagine all the traders coming back to work after labor day (it's a well known fact that after Labor day everything picks up as traders finish their summer vacations). If they had to look at a bad jobs report and a nasty decline for 3 days before returning to work, it would probably be a very effective way to sell the market off. That's just a hypothesis, but one that does make some sense. Eventually when it all happens we will understand their intent, right now we just see what they're doing and can only speculate as to intent.