Can someone pls explain.
We had a huge spread ending up far north on only 24mil shares today. In january 2012 it took 50-80 mil of shares to move the SP over a similar range. Is it a fake move/trap coz of the hype and trigger- happy buyers which were waiting for any signs of strenght in the wake of tol decision? I guess it wouldn't take much volume to generate some decent momentum in SP at the moment but to these levels as seen today seems a bit extreme.
at the turn of the tide...at first light , page-137
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