RE: 4pm trades ?7 Jan 2022 18:49
StarBright, no disrespect to you, but I report what I see, when I see it, and try to back up my arguments in the way of what I get offered by the market.
I don't know about you but i'm in the envious position of being able to execute a trade, of whatever I can get my hands on, as I have got plenty of dry powder left if I choose to use it.
Fortunately for me, I don't require anymore shares in GGP as have more than enough. But I do keep a check on what is really happening regarding what the MM's are actually advertising the spread at as to what it actually is.
Your right in that we cannot tell exactly the precise time that a particular trade was executed, who can ? At best we can have a stab in the dark so to speak, of what we see on the book.
We don't know if all we see going on is from today or two days ago, as they have got a 72 hour period at their hands to report any trade. which is why we call it smoke & mirrors. It's all just an illusion, oldest trick in the book. Confuse the idiot's is the MM's mantra as they do not want us to know what is going on in real time.
Raising the ASK is just one of the MM's tactics to confuse the little guy, always has been, always will be, and vice versa with the Sells.
This afternoon was so easy to spot what they were doing. A spread of 14.7 - 15.5, when in fact all trades were going through at between 14.7 - 15.1. No wonder the sell column suddenly showed far more sells going through when in fact all the reported trades going through at 14.86 - 15.1 were actually buys not sells as they wanted us to believe.
So I'm sorry, but no blinkers are being worn here by me.