RE: Friday morning fun16 May 2020 11:01
agreed that a slick performance is essential, but doubt they would risk putting it out unless pretty confident.we shall see.personally i don't worry too much about trying to read the trades.so much goes on that is to be honest pretty impenetrable and can, imo,only be properly understood by market professionals with full access to dealing systems etc. for example the first two 1m sells yesterday were protected portfolio transactions,large transactions put through to be worked through the market until completed and then only anounced to the viewing public as it were on completion. they will consist of more than one individual trade, so they could well have been buys. the stock market is informed them at the outset, but only formally reported when completed.truth is we will never know exactly what they were and even though we can make semi educated guesses, they are just that, guesses. also people sell for all sorts of reasons, which again we can only speculate about. fact is the s/p went up came back down a bit but stayed up 10%.those are the only facts we have.so to my mind that means the market generally viewed it as a positive day with positive news.thats my simple view but as people will tell you I'm no expert.fingers crossed for tonight.gla