Finally got the micro-volume day I have been waiting for...Very...

Finally got the micro-volume day I have been waiting for...

Very few sellers today, but even fewer buyers unfortunately...seems the market is waiting for something?

Depending on the time-frame for the obvious feeder at 1.7c...he will either sit it out for however long it takes, or he may decide to move his selling down a notch...if so, it would represent a significant buying opportunity in my opinion and I for one will scoop up my fair share.

I have seen this so many times...shares often trade sideways or slightly down for a period (distribution/consolidation) before one final sell-off just before the next major run...some of the best stocks do it, NDO in the early days was like clockwork in this regard!

Perhaps some shares need this sort of "cleansing" at the end of each period of consolidation in order to remove the last of the 1 point profit bunnies?

Anyway, assuming this scenario does play out, we may well see a little more weakness tomorrow, especially given the apparent endless supply of stock hitting the 1.7c sell line...regardless however, the turn really is very near in my opinion.

Strange how people are affraid to pick up a bargain until someone else does...at which point the bargain often no longer exists?

Cheers!