Potentially ...tomorrow.....3.8c retrace on 20 to 40 mil vol with pushes and pull backs all the live long day.......if IP was not so close, this would be a given.... but that's the biggest wild card....pending IP anns....
........so...the river ...or the flop....volume speaks volume,,,, but broker codes are the cipher....IP being the cliff hanger...
Will the IP anns come pre open intra day or after the close ? ( some day soon )
Iress dynamics today felt and looked like day traders and punters (t3 or otherwise) jumped at itchy money. after a weekend of navel contemplation whilst spp'ers 1.4 ers and saintly brokers working for '' the St Kilda chapter of the painters and dockers'' took a churn for ''increased position'' position
Theres' a mountain of money out there looking for derisked blue sky....that's the thing.
So do you trade it by the minute whilst accumulating by the day or vice versa?.....imho....yes and no...and yes.
cheers RD
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Potentially ...tomorrow.....3.8c retrace on 20 to 40 mil vol...
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