RE: Spread is very tight27 Feb 2023 10:52
What will be interesting and worth keeping in mind is :-
SP increased to 0.0035 over a number of days pre the 6 month extension then it fell ..
SP increased to 0.0028 over a number of days pre Dunrobin 'RNS' then it fell ..
At present the SP is not reflecting incoming news being imminent otherwise it would be increasing not decreasing ..
My point is IF it is coming within the next couple of days it would be gradually rising, so I think upon news being good a steady rise will start and consolidate which will be better, it won't cause a massive spike, and then fall back like the last two times ..
This is why in my opinion the games are being played now, and to try and test weak hands too to sell or slice.
ATB