RE: Quoting Out Of Context Yet Again31 Jul 2024 16:10
The point I was making is that there is a fundamental rule here.
If there is demand for the shares, buys will exceed sells and the SP will rise.
Conversely, if there is no demand, sells will exceed buys and the SP will fall.
Granted there can be (and are) occasional short-term anomalies but this rule is sacred. Much better to watch the SP than wonder whether a particular trade is or isn't a buy or sell.