SNSN schreef op 13 augustus 2013 10:38:
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Hi Ton,
Sorry, it's really too busy this & next week. Actually you could find many details on "tt" in old writings.... If shortly, "technical trading" often means that either i) (big) parties participated have already decided on their tactical/strategic objectives, and currently implement them, or ii)due to lack of objective info short term traders are making profit out of short-term technical pattern trading by "improving" market volatility ... In both cases one can expect a number of (misleading) "publications", rumours, (fake) advises, etc, etc, .... so that investors should "filtrate" them carefully.
Given several facts and price/volume distributions, the prob is high that we obseve a tactical play of AM/Slim directed towards more realistic evaluations for kpn....(that was extremely "overmanipulated" down last year by couple of big and later by many small/mid size parties).
We opened above the PP level, and didn’t fall below that within the first hour (“day-traders time”).... So, the sentiment stays positive. The crucial (decision) point is M+(2.333)