Makes sense to me! I wish I was the one making that $16,000 though (ggg). Here is a rough summary of todays action. This is assuming that all trades at the ask are buys and all at the bid are sells. There were 6,000 shares in the middle so I counted them as sells.
Thanks,
DAVE
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At 9:46AM we had:
18,300 buys and 300 sells with bid - ask at 1.531 - 1.562
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Then we had 20,400 consecutive shares bought
Then 8,000 consecutive shares sold
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Things were looking great!! Until 11:11am rolled around:
1500 shares bought and 3000 shares sold
bid-ask moved down to 1.500 - 1.531 !!?!!
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Then 17,200 consecutive shares bought with 500 sold
with no movement on the bid-ask (remained the same at 1.500 - 1.531)
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MORNING SUMMARY: 59,400 BUYS and 9,800 SELLS.
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Then, in the afternoon our seller appeared:
AFTERNOON SUMMARY: 62,800 BUYS and 60,900 SELLS
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FULL DAY SUMMARY: 122,200 BUYS and 71,700 SELLS
This is with the BID down 0.063 !!! |
