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09/03/18
13:40
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Originally posted by antibody
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Of course, to keep it simple, I have ignored the phenomena of unlimited circulation of shares between the market lizards made possible by regulators in the US and here whereby at least 50% (some experts say more than 60%) of all turnover never lands anywhere but is simply computers trading with each other hoping to cover their afternoon tea and biscuits (and/or executive bonuses, and/or friendly fees for work well done).
So you can probably slash my trading volumes by 50% to get the real number of shares that actually changed hands!
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I think it is all relative, regardless of the actual %of real trade, the volume has spiked and that should what I'm following
There is definitely a fair bit of accumulation going on, with some level of control
I was watching the buys & sell stacks closely and there was a 166K sell order at $1.70, this disappeared when the SP got close to it - hmmm