daytrading feb 27 morning, page-175

slow slow day...

And from a committed DTing perspective...

ICG it's always been a hard case IMO it was played very well all the way through it's pump and in historical review one thing stands out like the proverbial dogs bollocks.

ICG only ever has increases it's price appreciably when the buyers well outweighed sellers.

To put it another way the price this last 30 odd days of it's movements went down every single time the sellers crossed higher in total (and stayed there)than was the buyers total...every time except one which was a test on supply IMO and it failed to cross leading tothe modern downtrend this last 7 trading days.

check where it is atm.....now to ring the asx to get the weightings reversed ;) for until there is some true real world buzz of imminent fundamentals of value and this moves the buy/sell appropriately the wholesalers ATM are out to lunch.