the power of 1, page-12

  1. 8,937 Posts.
    Must admit - when I read what was written (with due respect Real)- I thought 'a bit rough'... it was sen on the CNP depth and drew the question.

    The '1' signals an exchange between brokers - you usually see it when there is a gap in the volume - but not necessarily. One broker will trade with another, usually when one client wants out and another wants in.

    On to CNP: I really like what I am seeing (since Baron went to lunch) the volume was showing thinning signs on the depth at 30 upwards and the signal was clear to take out 29/29.5. I really think that what we saw today was the last of the nonsense... 30 now gone as I write.

    Hot Tamili train leaving town...
    onwards and upwards.

    IPOD
 
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