Another nice day from EQH after yesterday's aberration.I...

Another nice day from EQH after yesterday's aberration.

I actually enjoyed watching the trade in EQH yesterday as it showed that there is much more interest for the stock than what is shown in the screen. EQH is rarely heavily bid at the market, however when a line of stock is offered it is usually gobbled up very quickly. That is the sign of buying on the back foot.

The beauty of today's trade was that the volume was comprised of 10 lots of marketable parcels. Once again the stock is being tightened up with stock moving from small hands to big hands.


As I posted previously, the last time someone sold a line of 100K shares, EQH doubled in quick time. Could yesterday's sale of 100K shares be the precursor to a similar move? I sure hope so.

EQH is like a tightly coiled spring that just keeps on getting tighter. It is going to be one heck of a sight once that spring can no longer hold its tension.