AIM - AIM Resources
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snakey
just to confirm, since this you posted this morning, so the 265 vs 68 is statistics from yesterdays afternoon trading, or is this the line up this morning?
thanks
ps i think im trying to watch way too many stocks which is why im jumping about all over the place either loosing or making marginal gains, how many stocks would you have quickly assed yesterday arvo before setting yourself on AIM?
noobs said:
Pre-open data is not all that important.
More often than not, many bids will be pulled before the open.
But it looks good for AIM today. Yesterday it was screaming BUY ME. Good to see the brokers did the right thing, closing it on the high.
Check out INL as well. Its a winner. Broke through resistance yesterday. Blue skies now.
toc_bat said:
TB,
I think someone gave you that isuggestion yesterday
(oh was it me) as when starting off in this game (esp trading) there is 2much to take in.Also Noobs,
Bare in mind the figures Snakey sees can be easily minupalated (not that this sorta thing happens), along with the volume and total volume, and change from min/sec to min/sec.
The charts can't be minupalated, as everything is factored in the chart.
Cheers
SevenFX
tech/a
No Ordinary Duck
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Snakey said:
I find that this doesnt mean a lot. Particularly in pre open.
Serious buyers and sellers wont log an order they will simply buy and sell at market never telegraphing their intentions to the market.
Any bid more than 2-3 ticks off the pace just doesnt have any influence.
If however you were to look at those close to the money---then perhaps there is some bearing.
Looking at AIM this morning at the money or over currently on the buy side
18 sell side at the money or less 6 still your 3:1 ratio.
Rotation to the positive or negative can be seen in volume trends on shorter timeframe charts. 5 min being the best indicator coupled with breakouts from buy consolidation areas. More to do with Volumes being traded than with number of bids.You could have 10 buyers buying the volume of 2 sellers.So then which is stronger?
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surelle said:
Idiots.
(seriously)
But you have to accept there are heaps of these in every stock.
Its Probably those that think AIM is now "overvalued"
I remember when toro floated there was some pr!ck wanting to sell at 50c when there were buy orders at $1. I remember wishing to take him out and then see his face when it hit $1+
nizar said:Idiots.
(seriously)
But you have to accept there are heaps of these in every stock.
Its Probably those that think AIM is now "overvalued"
I remember when toro floated there was some pr!ck wanting to sell at 50c when there were buy orders at $1. I remember wishing to take him out and then see his face when it hit $1+
yes it is frustrating, I can handle the overpriced but orders, but why would anyone sell at less, when the buyers are prepared to pay more, OR are the buyers there to trick the opening prices into a higher range so that they can sell and make profit quickly
surelle said:
To ensure a strong open, there are often manipulators that have big buy orders, but if u look closely they are pulled immediately prior to the opening bell.
Manipulation happens all the time in the markets especially by brokers (they dont pay brokerage). Iv seen in several stocks they sell small parcels $400-500 and keep dumping to the ask, every 10-15mins in regulated intervals (bot selling), then when the price is low enough one big buyer comes and cleans up.
These guys never lose. If they get it wrong they simply flood the market and over-power it.
Apparently Goldman Sachs makes approx us$81million/day from this sort of trading, much more than they get from their clients (who pay them brokerage).
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