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Old 02-11-2008, 08:35 PM
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Re: Smart Money Buying? 100,000 Shares...

The argument often goes that if someone bought then someone sold ... that argument doesn't hold water with me, if the transactions are instead viewed within the context of price progression then we can apply some analysis. This might be an ideal opportunity to apply some Wyckoff techniques, or even just some VSA techniques ,and see what we can come up with in the way of probabilities.

On a purely simplistic view, if the purchases were part of a stock buy back then they should be bullish ... not necessarily for tomorrow of course.

If you want to share the code Eva we can have a look?

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