smh carolyn cummins article, page-12

It is naive to think that daytraders could not have done this. How many Australians have $1m to throw around? It's likely to be more than you think. More Australians have taken advantage of the superannuation tax amnesty last year (with an upper limit of $1m) than even the government expected. Further, the significant increase of new corporations registered last year would indicate that many of these prospective retirees are choosing to manage their own funds. Naturally not all are pushing $1m, but substantial numbers of baby boomers would be playing with $50k-$100k on a daily basis.
The point was made previously. 1000 people x $100k is $100m.
Thats some serious volume. Add to this the psychology involved with Centro.. I am a conservative trader, with limited funds, but when I saw it move to 32c, even i threw 4k in as fast as i could. If I had more liquid funds, I would have thrown them in too...
My view of tomorrow.. I have no idea.. If I knew I'd already be in the Bahamas and certainly wouldn't tell anyone else.