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Old 03-20-2007, 09:46 PM
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Re: trend day confirmation

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That is the million dollar question. With the answer to this question, you could become a multi, multi-millionaire rather quickly. Since this is not realistic, I think it goes to show that no one knows the answer to this (and probably never will).

Some argue based on indicators, price action, etc. and I personally believe there is no answer. You don't know you are in a trend till 4:15pm EST. Until then, it's anyone's guess!

Brown : there are very easy methods to know if today there are big institutional orders.... (wich is the only way market can trend) volume, speed, dynamics, internals, etc... you can clearly see when the big boys are anxios to position them selfs in the market... it takes experience... but its posible... no doubt...

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