SIRI Intraday Thread: Wednesday April 8th

Figured I'd beat Newman to the punch again tonight.... where to even start....

Lessons in demand versus supply... right now it seems the SP is in a tug of war between the two. The DIFFERENCE is that there is practically no volume and the MM's are simply keeping the SP in a tight range and trading with themselves...

The lesson is - in a non-manipulated system - the SP would have to break one way or the other to generate volume... wherein legitimate results would ensue... and legitimate investment entities could make money based on actual supply/demand forces...

When MM's - ie. those manipulating the market - sit and trade shares back and forth between their accounts and completely ignore the retail investors (who are supposed to be satisfied BEFORE their own accounts/trades) - The basic principles of free market go out the window.

Regardless - the technicals point to a consolidation... will we retest .32?? or will we reform at .34 for a move higher??

Will premarket show us an effort to push even lower?? Will more weak hands make the mistake of panicking and selling into the MM's strategy??

Will unexpected news drop out of the sky?? Will MEL grow a beard?? Will Brandon admit he is really six people posting everywhere at once?? Will John have a life-changing event and become more optimistic??

Will I finally break down and trade into the chaos??

NOT in this lifetime...

Discuss.....