RE: Every time12 Oct 2023 15:11
Bhants.
No, the volumes traded within the UK hours are very small, the big volumes kick in at 2.30pm, and it's either a massive swing up, or a massive swing down depending on the volumes.
We went from 300k shares traded since UK opening, to 3.4m shares traded within about 15 minutes of opening, US time.
I seriously considered selling today and buying back in on the drop, but everything I saw (apart from the Oil price rising) said that it was going to go up.
Delta hit their numbers, and was up pre-trading, AA was up pre-trading, Royal was up pre-trading, US Indexes were all up pre-trading, FTSE was in good shape.
"Apparently" the reasons are that the US CPI data didn't fall as much as they thought it would......what a load of xxxx.....
So it still fell, so inflation is still coming down, but it's not good enough.
They just make this stuff up to justify the swings, that's all.
A 25p dump from the US opening would have given me an extra 1,000 shares if I had sold and re-bought.!
hey ho........they day I do it, it will go up, not down.!