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clock Created with Sketch. 04/11/16
09:40
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Originally posted by jamieparklondon
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Everynight the sell orders that kept sellers ahead of buyers during the day are withdrawn so before trading opens the next day the buyers are for a while in the ascendant. It doesn't stay that way for long as the sell orders return as the market open nears. There is not a lot of money involved to stack the sell side so obviously not an insto involved in the play. It would be really interesting to know who the seller/s are or at the very least the broker (Wespac/Commsec?) placing the trades on behalf of some individual/s seeking to hold the price down. They may not have been at work yesterday when as eshmun rightly says the losing streak mentality appeared courtesty of DOnald Trump but the game is likely on again today.
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Eshmun has given his thoughts a few posts above yours.
