Tuesday 28 August 2012

3pm update - more nothing

A market in slow motion, with near zero volume. Clearly, the algo-bots remain in full control, and unless some sellside volume appears, a further multi-week round of meltup is a'coming.


sp'daily5


Summary

Lets see if the bots want to sell in front of more econ-data due tomorrow morning.

*more after the close, with a very important update on the Transports.