keep selling kids..., page-33

LOL .... a fat gold finger???

Re price action. The large opening volume looked like large orders or stop lossses and then an orchestrated move down up until 2pm to me. Due to the fact that there were lots of large volume orders selling down with small orders to the upside to feign stability, while they waited for orders to backfill for another gobble down.

On the positive the SP looked like it may well have capitulated at 18.5c. Trading there was explosive on the turn around, with the 18.5c line being quickly wiped, followed by large orders coming in to mop up the panicked ... and those tricky little orders (now on the downside) to make the SP look more vulnerable so they could get their fill.

positives - SP bounced off the 18.5c weekly 100MA and the SP moved up from there to close around the significant support at 19.5c.

And not that its all that important but it can reflect sentiment to some extent ... the market depth has returned to 1:1 it was 3 asks to a bid at the height of the panic today

Tomorrow will be interesting