Thursday, September 03, 2009
The Monkeydog
A dog is faithful to its master.
A sheepdog is a dog trained to guard and herd sheep.
It is also called shepherd dog.
A monkeydog is not a dog;
it is coined here to mean a person doing a particular kind of work.
Investors who trade through a broker or a remisier does not see the mechanics or antics of the buy and sell involving the transactions. Investors who trade on their own through the computer are able to see this on the computer.
There is a feature provided by the broking houses whereby the Time&Sales of transactions are listed live, showing whether each transaction is a buy up or a sell down and which last price traded is also displayed under the LastDone column. Usually buyers or sellers make their offer somewhat depending on the last transacted price displayed under LastDone. And here is where and when the monkeydog plays his part, to influence an upward or a downward trend depending on whether his boss is selling or buying accordingly. If his boss aims to sell he will try to keep the last traded price up with a minimum one lot buy up; or he will try to keep the last traded price down with a minimum one lot sell down if his boss is buying. This one-lot transaction is very evident when a counter is very active, it appears counter to the trend of trading. Investors who do not see this one lot transactions will not know that the last buy up or sell down was maintained with a scarificial transaction of one lot only. And what is one lot when huge gains are made with multiple lots encouraged with this scarifice. It is another kind of Phishing.
Dogs serve their masters and it pays to know what the monkeydog is doing.
Ron
A sheepdog is a dog trained to guard and herd sheep.
It is also called shepherd dog.
A monkeydog is not a dog;
it is coined here to mean a person doing a particular kind of work.
Investors who trade through a broker or a remisier does not see the mechanics or antics of the buy and sell involving the transactions. Investors who trade on their own through the computer are able to see this on the computer.
There is a feature provided by the broking houses whereby the Time&Sales of transactions are listed live, showing whether each transaction is a buy up or a sell down and which last price traded is also displayed under the LastDone column. Usually buyers or sellers make their offer somewhat depending on the last transacted price displayed under LastDone. And here is where and when the monkeydog plays his part, to influence an upward or a downward trend depending on whether his boss is selling or buying accordingly. If his boss aims to sell he will try to keep the last traded price up with a minimum one lot buy up; or he will try to keep the last traded price down with a minimum one lot sell down if his boss is buying. This one-lot transaction is very evident when a counter is very active, it appears counter to the trend of trading. Investors who do not see this one lot transactions will not know that the last buy up or sell down was maintained with a scarificial transaction of one lot only. And what is one lot when huge gains are made with multiple lots encouraged with this scarifice. It is another kind of Phishing.
Dogs serve their masters and it pays to know what the monkeydog is doing.
Ron
# posted by chunmu @ 7:04 AM 
