Phisix: Afternoon Delight Spoiled?! Why???

What happened to the almost ritualistic massaging of the index which I call as "afternoon delight"?

The modus of intraday pump on key index issues clearly got its momentum going. So I expected the session to end as with the previous episodes—with a last minute push at the close. Unfortunately, some party/-ies decided to spoil the fun. (chart from technistock.net and colfinancials)

Curiously all sectors shared nearly the same time for the day’s inflection point. 

Nonetheless the Phisix still closed up .39% after a high of around .65%.

This is an interesting break from almost a daily pattern. What may have prompted for the disruption of such trend? Has there been some miscommunication in the coordination process among the invisible stock market operators? Or perhaps a fissure? Or has some third parties with sufficient volume entered the picture to upset the scheme?

I said last night that there could be a shift in tactic in the way these operators have been administering the OPERATION 7,400 Breakout.

I would guess that given BDO’s ‘breakout’ the strategy for the stock operators  now may shift to focus on a one-by-one push for a breakout for major caps for them to succeed a crossover beyond the 7,400. This banks on no bad news that will impede their desperate actions.

Today’s most actives reveals not only how the Phisix ended up, but importantly it also shows which major index issues have been significantly pumped. Some of these issues are at near and/or at fresh record highs.

The objective of the game plan looks simple. It is to attract chartists to jump into the bandwagon or piggyback on momentum in order to further drive up prices of these ludicrously overvalued issues into levels of even more monstrous mispricing.

The plan seems all anchored on establishing the “greater fool” based on the tenuous rallying cry called G-R-O-W-T-H.