Tobin......
Can you tell if those large block trades were actual buys or sells?
Also, regardless if they were buys or sells, my point is that the far larger action on Friday was definitly from the small/individual investor. Key point being, there didn't seem to be large institutional bail out, rather, they seemded to be holding (a very good sign!)
And, it seems that alot of thoes "big block" trades were actually buys, as the price spikes up right around the trades. Look, for example, at the largest block trade of the day at 50,000 there seems
to be a sharp uptick here.
So, it seems that the institutions may have been actually buying while the little guys were throwing in the towel! |
