Telewest will recover

mcrocker

Normally if you sell, it would be a random pattern. However if you watch carefully as soon as there are a number of AT buys they are followed seconds later by a large AT sell. This has been happening for a while. Secondly as soon as the ceiling is about to be breached the AT sells increase in number, and the price duly drops again. No doubt there are others selling, but the big influence is AT trades.

The sensible trader is the one who is matching the AT sells, with their own buys. Its just gut feeling that "if" these are shorters they will close at some point. When they do TWT will jump, not move up, JUMP.

Clive just read your post, and to some extent I agree with you.