Quote from: arepo on May 01, 2013, 06:36:43 AM

Quote from: farfiman on May 01, 2013, 06:30:13 AM

You can try to predict the actions of the masses with some success but not the action of 1 or 2 people and that's all it takes to move things considerably in this market.

again, the basis of my argument against the perceived 'absolute power' or manipulators, or even just traders with large amounts of capital proportional to the market cap, is that the self-regulating nature of the market makes direct price manipulation proportionally expensive to its magnitude.

this being said, it shouldn't necessarily "break" the various methods of TA. for instance, it's interesting that the large move was timed perfectly with the triangle consolidation. these moves are more predictable than you think.

--arepo

I'm not talking about manipulation. Just someone with lots of coin ( that they have acquired at very low prices) that feels like cashing in a few... thousand... and the cost is almost nothing to him.