Trading todayFrom watching the real-time trading this morning it is starting to look like that late day flush yesterday may have been it for now.
The trading today has become what I would call ''normal'' for the very first time in many months.
By normal I mean there is a nice balanced Level 11 with both bids and asks nicely matched.
And most significant is that for the very first time there is no one House controlling the market with either iceberg orders or short selling campaigns.
Even the WEF market maker #36 has become active on both sides of the market.
And the volume and pace of trading has slowed down substantially to the point that there now can be 10 minutes or more between trades confirming that the momentum, hot money, day traders have moved on to greener pastures.
Thus we have what I call a normal market - finally after all these months!
Now all we need is some timely, positive company news to move things along in a much more leisurely fashion I hope.