looks like a liquidity problem here at the top
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I made my millions back in 2008 when I bought Citibank at 3.13 a share for 130k shares, then sold when it hit 58 a share
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Boston financer : How do you explain this?
intuitive Jackal_354 OP Boston financer : it's topped out
75243657 intuitive Jackal_354 OP : Agree
ShashaS : It is expected to decline tomorrow.
ShashaS : The modest trading volume accompanying today's price increase is quite unusual.
Make Sense : In my opinion it’s a problem of averages. When several major stocks on the QQQ start to decline, you need enormous liquidity to hold everything up.
intuitive Jackal_354 OP ShashaS : I agree
Make Sense : The liquidity thing is kind of a myth. Give someone a billion dollars (lots of liquidity) it still doesn’t mean they are buying at the top. More money doesn’t mean buying things at the top.
75495910 ShashaS : Will it drop tomorrow?