SNSN schreef op 4 november 2016 14:51:
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Sure, different parties have very diff objectives.
Some parties just trading volatility (also on diff horizons), other parties are busy with returns' optimization (creating diff "trends", "sub-trends", etc.), while other players are doing just "nothing", being satisfied with diversification, low correlations and a very high div. yield...
Again, the 'comps' are trading without emotions --> take a look at the today pattern: that is just S2-S1 above st-support zone (see posts above)--> forming a 'doji' candle --> indication for a 'turning point' in current sub-downtranding (must be confirmed at closing). By the way, yesterday 'turning point' pattern was 'spoiled' (actually broken) within just last ~20 min before closing (when "active traders" were 'shorting' heavily).
Though, comps do not always (correctly) recognize 'good'/'bad' news (especially if it's just very close to 'neutral', or has very different meaning for diff horizons --> still an issue for optimal programming).
Take care