On May 22nd Thursday, I gave a bullish call on SIIC Env. On that day, there was some form on hidden buying and immediately, I quickly blogged about it so that everyone can witnessed the power of hidden buying which I taught in my stock operation course. No need support/resistance or any other lines drawn in charts. On that day itself, it ran from 0.144 to 0.151. 7 pips can be made within minutes for quick fast intraday profits.
http://stockmarketmindgames.blogspot.sg/2014/05/siic-env-nice-chart.html
On May 23rd, I continued to follow this stock and gave another call. I said: "There was a heavy influx of heavy buying in SIIC Env in the afternoon from the big boys!!" The stock shot up to 0.155 before taking a breather. Indeed if there was no BBs buying, why would the stock price rose? So I concluded that the buying was strong.
Today, May 26th, the SIIC Env was on steroid, it just shot through the roof and reached a high of 0.164 where the buying was hysteria with many retailers chasing and fear of losing out on a big trade. When the call was given on May 22nd, the buying wasn't that strong but that's where one should start to watch seriously for a big move. However when the stock started rising with many suckers and chasers, that's where one should look to unload and book profits. Unfortunately, the opposite is always true. Human love to chase on breakouts and excitement to only realize that they were wrong and cut loss later. The old adage holds true, buy on rumors and sell on news!!
http://stockmarketmindgames.blogspot.sg/2014/05/siic-env-big-boys-heavy-buying.html
Ronald K - Market Psychologist - The Big Speculator
