<I am not looking for daytrader buy/sell signals. Instead I like to concentrate on the large block sales. Frequently these trades define long term positions, while the retail trades can be simply noise. Of course retail can also move the price, but this movement seems much more erratic and hard to predict.>
Dear Henry... I've been sitting on trading desks and trading stocks, options, warrants, bonds, etc for 25 years... let me give you a piece of advice: Check out the volume at the end of the day if you must... but all that other stuff is a waste of time. I WISH I had more time during the day to look through insider holdings, the science behind the companies, accumulate a "time calander" of products and phases their in, keep tabs on which drugs compete with whom, etc, etc, etc...
I can't imagine worrying about block trades or anything else having to do with the daily trading of a stock AND I DO IT FOR A LIVING! IMHO you are not using your time effectively (as I wasnt today). Just a little advice from a friend and supporter.
DAK |
