Trimble, As the guy that brought up T-trades on
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As the guy that brought up T-trades on Tuesday, yes please do bring up T Trades. This discussion is important. Sorry I didn’t have a solid grasp at that moment. But I knew they weren’t necessarily “Buys.”
There were people espousing all over the internet on Tuesday afternoon that the 800,000 T trades shares were purchases. Clearly now, they were sales, as reflected in SP movements at open in the last couple of days. This is irresponsible IMHO.
I don’t know what today’s T-trades were. But it’s a nice round number, so does NOT strike me as “an amalgamation of small trades.”
480,000 yesterday + 335,000 = a little more than HALF of the second HALF Fife needed to sell for the last raise. But WDIK?
I look to a good opening tomorrow as we’ve burnt through the monthly/quarterly Fife raise.
Full disclosure: I don’t have any idea what I’m talking about. Really.