Must admit that in the past and, recently thinking about it, have seen the old adage of MM's shaking the tree rolled out even on stocks taking a 10% plus hammering on massive volume.Hilarious!
To be honest I don't know what to think of this recent sp action, todays' has thrown me, not too bothered though. What I would like to see is a steady move towards 190 not a whipsaw through it.
In light of recent sp activity considering the general market, we're doing pretty well.
I still believe someone knows something for the sp to have gone up over 15% in the past 2 days when the whole market and relevent sector was down across the board. Or else why not wait 'till the market settles, not buy on a massive down day?
Oh well sure we'll get........ "news sooooon"
Reg's DT
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