GREY:AUAYF - Post by User
Post by
xdmmdx3on May 28, 2008 4:02pm
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Post# 15119940
Very interesting...worth reading...
Very interesting...worth reading...Apparently the smarter houses have been buying as the stock has dropped. In the past, during rallies, I've always noticed dealer 1, 7 and 85 have been big sellers, BUT TODAY they are the big buyers on a relatively high volume day. They have bought 50% of the stock traded today, and these groups have usually bought around the bottom and sold around the top if you go back and do back testing.
Either they know something else is coming or they simply think the rest of the market is wrong to be selling now.
Worth watching either way.
Good luck to all,
x