even the asx made sure hdr closed on the days low, page-5

its because of small punters we have this boom market - it really stuffs up all the automated computer systems of the large trading and institutional fund managers because 1 little sell or buy bid can throw off their carefully placed U bids etc and trigger stop losses etc

How many small players bother with hte brokerage though to do smallish trades - its the affect on the big boys automated stop losses that really causes volume surges etc - and the herd mentallity of hte market focusing on just a few big stocks a day - causes big price swings

As more money is thrown around at concentrated small caps seeking the big risk factor it becomes much like the US market