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It's just Dastardly this new method of d'BigBoys using...

  1. 7,432 Posts.
    It's just Dastardly this new method of d'BigBoys using algorithmic trading.
    Small parcel trades,mimicking the liddle fella being led to the Slaughter.Seems the Algo has "improved" on how it worked say last year.
    Back Then it was Obvious like the parcels were uneconomic brokerage-wise being usually under $500.When this was first spotted,theories flew round that it was just say Commsec Pros,with Brokerage for a Day rate and so they were twiddling the price,pathetic.

    Then we got the Gogglers to explain it was all some Yank Method called Algorithmic Trading,I even got still an email from the ASX "informing" me it was for my own good!!
    Me a Market Depth reader fobbed off with a "well why don't ya change ya Method"!!{ya picky prat!!]

    ohhhh can you see d'Absolute Cheek of these .."suits"??

    I see Today as Organised Professional Buying.
    Remember my earlier post about the Head'n'Shoulders as we watch d'TA mechanics get "nervous".
    This is also a precursor to an Announcement sorta day.

    Happy Trading.
 
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