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Re: eagleup post# 2201

Thursday, 06/16/2011 4:45:02 PM

Thursday, June 16, 2011 4:45:02 PM

Post# of 6266
You really can't tell that for sure. Ihub quotes have a "TRADES" tab that lists the volume by buys/sells but I am not a fan of it because it really isn't accurate. It assumes transactions on the bid are sells and transactions on the ask are buys and we all know that isn't always the case. Here is how they describe how it works:

The 'Buy', 'Sell' and '?' columns - Where the 'Price' is closest to the 'Offer' price, the trade is considered a 'Buy'. Where it is closest to the 'Bid' price, the trade is considered to be a 'Sell'. Where it is dead centre between 'Bid' and 'Offer', it appears in the '?' column; this indicates that the trade cannot be identified as either a 'Buy' or a 'Sell'.


Here is an example to look at:
http://ih.advfn.com/p.php?pid=trades&symbol=REVU

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