Well, not the
close I think we all envisioned, but interesting to note in the last 33min of the day:
1)Positive:
We traded 197,500 shares(roughly 20% of our days total)
Negative:
We dropped 1 11/16.
2)
Postive:
Last trade before close was a 28,000 buy(That's a $1.4mill buy)
Negative:
Average trade dropped from 1268 to 1064(actually that may be a positive as smaller retail trades accounted for the selloff while the bigger blocks kept us floating in a nice range all day.)
3)
Neutral:
Number of trades all day totaled 602, up until that last 33 min. wherein 301 trades flew by. Since I can't decide if this is a positive or negative, it is neutral.
4)
Unsure:
300 Jan. puts traded today. Not sure why someone would buy puts so far out, esp. at the market puts. (Scratching head)
all in all not a bad day, hate to close below $50.5, had been a nice support, of course I hate to close in the red, but there was some nice size buys, which implies confidence in PSIX by institutions even amidst some broader market worries.
regards,
cg |
