JJ:
Don't be too hasty on deserting ID,
you might first try doing a contra on your LD.
This thread awaits detailed AGM reportage.
Some interim average observations:
yesterdays volume was reported as 626,500 shares,
or about $125K - total- on 53 trades,
which amounts to less than $2400 per transaction.
Today's volume was 847,300, up almost a third.
And today it took 119 reported trades ( more than double)
to move $170K, the average transaction dropped to about $1400.
And those are all Canadian dollarettes, so chop 40% off the top.
Imagine the volume of phone calls/emails/vmails entailed,or
all the communications/confirmations/cheques/transfers/borrowings/
more to come.
All that action looks very very bullish.
And all of the foregoing assumes that reported ASE trading volumes
are honest. And before you suspect anything untowards,I must
remind you of the ASEs stirling bona fides. They are, after all,
the same folks who brought us ( and sometimes bought us)
BRE-X. That was before the TSE conservatively put it in the
TSE 35.
In other news, with all the action in tech today,
ORCL had 8 new SI posts. BIV had 7.
Oracle is the 2nd largest software co. in the world.
All that posting action is bullish too, and two.
My compliments in advance to the cub reporter who attended
BIV's meeting and reports here at the Daily Planet.
Jimmy or Janey Olson? Where are you? |
