it's the weekend 25 26 27, page-100

G'day Petafemto,

I can't make any sense of what has happened there to be honest. I don't know what to make of it but i certainly don't trust it yet.

It looks like there has been a really big push to get it to the point of recent highs where they posibly grabbed everything that suddenly became availble from people running for a break even exit & then you can see the lesser volume the next day when the sp has gapped up hard. Less supply available i would expect that to be.

I don't get it & there's no way i'd be making any suggestions that's for sure but it's hard to rule out the 'leaky boat' syndrome. Obviously there could be other fundamental factors at play as i don't know the stock code itself but simply on what you've put forward, it feels odd.

Who ever it was that snapped'm up didn't even wait for stochastics to get to oversold. They are still falling & actually still above half way so they're obviously keen. They seem to be throwing around quite a bit of $$$ there.

Obviously this is only my interpretation but i'd still be sitting & waiting to see what happens next. If it is a serious move then you've already missed the bottom. Better to be safe than sorry.

Sorry if i haven't been much help, maybe others will be able to get a better take for you.

Good luck,
Regards
DmansDad