good news, page-16

I didn't keep an eye on the market all day but this was my interpretation:

NSE is now in the ASX300 and as such we can expect higher than usual bot activity.

They are set to accumulate at the moment. Today it seemed to be like they were pushing the SP down as low as possible to get the sell side stacked with 'nervous nellies'.

I experienced this at 47c with my buy bid at 46.5c. Whenever someone bought at 47c the bots would sell into my 46.5c bid (in 1-50share trades) to keep the SP low.

This is the last I saw the market. My order got filled (and at this time about 600k shares had been traded for the day).

Now I come back to see we finished at 5M+ traded for the day! Clearly the bots have switched onto buying at the end of the day to mop up any sell bids under 50c.

~4-4.5million shares accumulated.

Strong signs here, but expect these sort of games to continue all next week (until we see an ann).