Ann: Change in substantial holding - PPT, page-16

  1. 1,909 Posts.
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    Looks like nothing has changed, if anything it looks somewhat more under pressure. Some 200K short yesterday and if the PPT buying has terminated, a source of buying pressure has gone away. There is some algo buying but the algo selling today is very aggressive with most every buy, algo or otherwise, immediately knocked back a tick within the same time stamp or within a few seconds.

    That is demonstrating how to kill off buying sentiment efficiently without having to expend much stock, it is very effective. We are back to square one, the reversal isn't being supported it appears although with the market still down in the dumps, plus being Friday any buying would be against the tide. So still looking for the santa rally or a few decent block buys as per the last 2 days to kick start the buying again.

    It in't easy......
    Last edited by ARMCH: 21/11/14
 
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