Volume7 Feb 2019 16:42
Yesterday was the lowest volume day for three months. Today, however, was even lower than that. Activity on the BB and Twitter is pretty much zero. This says two things which I take to be hugely positive:
1) Sellers are almost exhausted. Realistically, anyone in profit from last year’s rise has sold by now. Thus there’s only bored PI’s dribbling out (maybe a couple of this morning’s smart opportunists have made a couple of £)
2) No traders in. Except Yuri and me. Maybe Mike, not sure. So the potential for buying pre-news from this level is exponential.
My positive take. GLA.