Kivver
- 18 Jan 2006 14:25
How can there be a day of buying and very little selling and the price doesnt move. Today (so far) there has been over milion and a half buys of iqe (iqe) a 100,000 sells of shares and price hasn't moved!!!! How does that happen?????
superrod
- 18 Jan 2006 22:03
- 6 of 7
Kivver
take little notice of what you see on your monitor.....buys or sells ....who knows?
this may give you an insight....
i put in a buy order for PRTY @ 150p
i have 15 seconds to confirm
the price goes to 150.5 during that time.
i accept 150p
my trade was a buy but is flagged as a sell.
Gausie
- 18 Jan 2006 22:07
- 7 of 7
This comes up time and time again.
There is no such thing as a buy without a sell, and no such thing as a sell without a buy.
If you buy - then someone has sold. If you sell, then someone has bought.
MAM classifies trades as buys and sells because there is a demand among less sophisticated traders for this information. But it IS MEANINGLESS.
Kivver - you have observed that there is no correlation between 'buys', 'sells' and prices. You're right.
G