When do I buy?

I have to admit, this is the first question that come to my mind when Mentor Ang (henceforth known as Shifu Ang) got me interested in the world of invisible cash. And I bet this is what most other people ask too.

But then again, like most answers to terrifically simple questions, this one's like a fart in the wind.

Last night we had a nice session (long overdue because of constant raiding on WoW) on EoD analysis. There were loads of exclamation marks but there were two stocks that I didn't quite get.

What I meant to say was, I had no clue what the hell Shifu Ang was talking about. What seemed to be a good shorting opportunity, exhausted volume after a good run upwards, is now a chance to buy instead, reason being the seesaw.

I'm pretty confident of talking my way out of being an expert of trending movement patterns, but looking for ranging seesaws is like a fish trying to play badminton.

What I got from yesterday night was... that the seesaw movement of stocks exposed to a ranging cycle is the result of the tussle between a strong buying force and an equally strong selling one.

Recent sharp movements in the chart (I'd attach IndoAgri and Yanlord charts now but I'm stuck at a course on how to write for the web) has resulted in the presence of strong buying and selling forces. Add that to the impulsive urges of the impatient price-takers during the intraday and you've got one hell of a chart movement - a Run Up one day or two, then a Sell Down the next dew days, then a Run Up for a day, then a Sell Down after that.

Poor, broke, disillusioned people are the results of such folly!

But how do we know it'll seesaw instead of run?

We don't until it happens; till the fat lady sings. (Pretty sure I'm winging it wrongly for this one...)

Here's hoping Shifu Ang will shed some light on this one.