monday's mile, page-3

Barrowboy.

That's outstanding analysis. Seems to fit in line with 33% transacted value, most funds use a 1/3 of volume over the day as a benchmark when executing a largish order.

All in all it points to a 20/30 point surge from the opening bell, before more selling begins. One caveat though, on Friday (as you would expect) there were no long only orders to take up the inventory that was coming out of the banks.

With the US markets breaking to new highs, you might get a few long only guys piling in over the day to soak up the selling.

Once again, we are at the mercy, caught between a finnicky Asia and a decidedly robust and viagra-infused US. Europe just plays along for the threesome.