Wittard of Chelsea - Going Blue all the way

Trade mean pah! most of the time.

One good stoock to look at is MWLM (Mowlem). You frequently see buys and sells go through of 50K and 100K and the price doesn;'t budge, but 5K buys at the same time often do move the price. I think a lot off the time mm's decide on moving the price up by retail demand - 10 x 5K trades will have far more effect than 1 x 50K trade.

What's more is you cannot decide what os a buy/sell or cross-trade. Also, if someone sold 250K today and the price never budged then is that more positive than someone buying 250K and the price not budging? You can read whatever you want into trades. Unless you see sell after sell of decent volume then I ignore them, the same as one big buy wouldn't trigger me to buy either.

On to the internet:

With WOC now break even and moving into profit on their web site (how many websites make a profit?) Chrismast trading could have been a bit special over the internet - From the Guardian:


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Record Christmas for net retailers

Staff and agencies
Friday December 13, 2002

Christmas spending on the internet is set to top £2bn this year, according to new figures released today.
The number of people shopping online in the eight weeks before Christmas Day is predicted to reach 10m, up from 7m last year, ecommerce trade body IMRG said.

Its predictions are based on sales figures from its members, which include about 100 UK shopping websites.

IMRG found that £1bn was spent on the net in November with companies reporting brisk business at the start of December.

Nigel Moore, marketing director of the Royal Mail, which helped in the research, said: "The eight week run up to December 25 will be the first £2 billion e-Christmas and is certainly testament to the fact that many consumers have overcome their initial fears about security and the ability to deliver."

The growth in internet shopping is running about 15 times faster than general retail sales, the survey found.

IMRG also said that online shopping in the UK was growing three times faster than in the US.

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CR