Rash,
Obviously, ``institutions`` have a different perspective in that they tend to be long term investors. Presumably, any entity that took a 5% position would have to announce that fact. Nobody has yet. I have maintained for a couple of months that the majority of shares are held by individuals and individuals are particularly susceptible to FUD.
TA helps me detach emotionally and gain objectivity. Still I`ve let my wishful thinking cloud my objectivity. People are constantly uttering absolute foolishness on the boards that a quick look at the charts will refute. I use real time charts that update each minute. By the way there is also a lot of foolishness heard from those who claim to use TA. Filling gaps is the most common misconception heard from the novice. There is no logical reason that a gap must be filled and they often aren`t.
Walt