Thursday, July 16, 2015

The Smart Money Has Escaped Deathstar 2.0

Bagholder: "Etrader left holding shares of worthless stocks"


New high in the Nasdaq 100. Today.
Here is what that Skynet fabrication looks like:



Broadening top:
"It is a common saying that smart money is out of market in such formation and market is out of control. In its formation, most of the selling is completed in the early stage by big players and the participation is from general public in the later stage"

"In the broadening top formation five minor reversals are followed by a substantial decline"

"Distribution": The process by which Wall Street dumps worthless stock from the few to the many.
NYSE Up volume / total volume aka. distribution



"Who will tell me when to sell?"

Your financial advisor, the same one from 2008.