must remember Ron's "stair-stepper" posts. You know, where he analyzed why certain trading action was happening on a particular day. Warning of "heads fakes".
I always wondered why a "long term investor" would be worried about the minute trading action, watching so closely. Cuz as he infers in this post I am replying to, it's the long term effects on stock price that a long term investor would really be worried about.
Took me a long time, but I guess I have it figured out now.