Deception (name changed to protect the innocent) (and bypass work firewalls!)

A quick exert from the newsletter, charts should be coming later this AM. I just wanted to get a fresh post to start the day off. Have a great morning, I'll see you soon!


Games people play:

Do you ever wonder why the markets move the way they do? Let me give some insight on one example, what I believe we are seeing now. Yesterday, early afternoon, the smart money knew where we are heading tomorrow (today)(You think nobody knows these reports and stuff ahead of time?). Now, ask yourself this question, “If I had unlimited funds (people or entities controlling the market), how would I sell off a gazillion (exaggeration) shares and still remain unnoticed? Ok, I want to sell, but I want to make more before doing such. Let’s start a volume induced rally to ignite momentum buying. Order is placed, feeding just enough volume to induce more buying, now we taper off and let it go. When the price gets to a pre-determined point (trendline) start selling small lots into the presumed strength. Keep selling to the greater fool (usually the average Joe) and price goes nowhere. The average Joe runs out of buying power, so who is the buyer of last resort? The market makers. They start to absorb the selling, but they control the price! They drop the price and absorb the rest of the shares (from 3:45 to the close). Now the market makers and the average Joe are holding the bag, if the market makers plunge the price on the open they start panic selling and they DON”T want that (they are the buyers of last resort remember)! They have excess shares to unload. So they gap the price up to give the illusion of strength, Joe found his buddies to buy more! Now the market makers do to Joe and his friends what the “larger entities” done to the market makers! The market makers sell and float the prices as high as they can for as long as they can, then prices plunge. Rinse, wash, and repeat!