Monday, February 14, 2011

Another Example of Manipulation

Smart Money simply does not buy this way unless something huge and unexpected happens, like a Fed event.

Again, no sign of a positive divergence, just wide open volume for all the screeners to set off volume surge alerts. This to me looks very much like a manipulated market. This is why I say be careful in these ETFs of the major averages. There's nothing wrong with making money with them on the long side, just know when the dance is over. The old saying comes to mind, "enter the trade slowly and exit quickly"

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