3 ms·
On Friday near the close the volume is much higher. I repeat the same question that I asked in another comment, why they didn’t wait until Monday morning to buy
by tigershark 7y ago
On Friday near the close the volume is much higher. I repeat the same question that I asked in another comment, why they didn’t wait until Monday morning to buy it when the price was much lower? And they would have known it given the current market trend.
I think that Occam’s razor gives the answer in this instance.
- esoterica 7y agoNobody can know for certain whether the market will be higher or lower on Monday. If you think it’s so easy to infer market trends where’s the billion dollars you made trading the e-mini?
- tigershark 7y agoOn Monday you’ll know for certain. Why they didn’t double down since the price was much lower?
- tc313 7y agoIf everyone knows that the price will be lower on Monday, then the price will be lower on Friday. You can’t look at a “trend” and know where the price will go, otherwise the price would already be there!
- tigershark 7y agoRegardless, they saw that the price on Monday was much lower than on Friday, why they didn’t double down if they really had inside knowledge?