GREY:ALXDF - Post by User
Post by
goldopportunityon Oct 23, 2018 6:54pm
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Post# 28860360
Fwiw........
Fwiw........Alxdf closed at usd .0319 = cdn .0417 (boc 1.3098 close)
Alxdf unchanged. 1.66M traded -- biggest volume day since early june. Almost a penny low/high sp spread. Well, da boyz shook the tree this am by moving that huge best ask quite a bit lower. Voila -- a mixture of what I think was mostly made up of manipulated volume. Then around mid-afternoon, the best ask steadily rose. Fancy that.
Azx-v up 16% ("de facto" alternates mixed). 1.58M traded on all cdn exchanges (940K azx-v). Loks to me that da boyz copied what their otc counterparts did this am. That basically explains why we saw a substantial increase on the cdn .035 best ask. This gave cover for mostly selected houses to trade amongst themselves. Relatively speaking, not too many sheeple on the sell side. Everyone's holding tight.
We saw a lot of smoke and mirrors today. Yup, both stox were blatantly dripping of manipulation imo. Why did this happen when gold is going up, you might ask? Because gold is headed much higher (with zigs and zags), the ptb know their time to buy is now limited. Smart money needs to accumulate as many alexandria shares as they can before the sp moves higher. I mean you just never know what news might be forthcoming.
And speaking of gold, it moved into the 1230 to 1240 range. The gold indices inched higher. Volatile session in the dow -- opened gap down, made multi-month low, climbed to close opening gap and finished just above the 200dma. Usd is closing in on 96. The 10-year treasury yield opened gap down, dropped substantially, then rose to close at its high.
Bottom-line:
So what happens tomorrow? Expect more volatility in alxdf with sp trading within today's perimeter and closing at or above usd .028. Hold tight as it still could be a rocky ride. Azx looks likely to trade between cdn .03 and .035. Could be we see close to the same bb/ba supply that we saw on today's print. The charts in both stocks indicate to me that we may trade (and close) above our respective 50dma within a week or so.
So we'll see what happens. Always stand your ground in the markets and in life, folks. Jmvho.
goldopp