ext chart facts and rising signals, page-26

Hi Mistyrains

Taking note of the current bid ask pre open figures I analyse them down to the 5th level believing these potential traders are serious in their positions. Might be a big assumption but it seems to be not too far off the mark. Also during trading session calcs are simple to make if big players pull their bid/asks.

Pre open figures for EXT
Bid Ask

# Vol, '000 # Vol, '000
4 478 2 235
7 1099 1 154
9 825 3 419
8 407 3 400
2 300 4 959

30 3109 13 2167 Totals

104T 166T Avg holding
per bidder/seller

These figures will undoubtedly change before the actual opening. While not cast in stone the probability is that the balance of power lies with sellers. I only use to gauge market sentiment. If this turned out to be the position pre open tomorrow I would hold off bidding.