UNS unilife corporation

onwards and upwards, page-11

  1. 804 Posts.
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    Yeah Loogs, You have told me that before and I respect how it works and what you are saying.

    Going by my observations, and I have been in the market for probably only 7% of the time that you have, sometimes I have seen the depth (BUY and SELL) dissappear 20 or so levels in an hour, triggered by something like an announcement or war, sector crash, earthquake etc. Thats why I always keep an eye on what is happening lower, try to work out where resistance/support may form, that is handy if wanting to enter/exit a s.t. trade.

    I think I have had more success, at times, from reading and acting on lower lying market depths than relying on most other indicators that I use in determining my plays.

    UNS finished tonight with 360k on the buy side down to level 10, only 280k on the sell side.

    Overall there are double the buyers lining up than sellers ATM.

    The gap-out between cdi/common is a bit annoying, I'll kick that word "manipulation" around again. Still like steady progress rather than full steam up and down. Just hope the yanks keep the pedal down a bit, hate them to throw out the anchor because the Aussies are a bit shy going into the dance hall.

 
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