I dont know what you guys think but something is very wrong in this market. The more I watch it in the past week the more Im convinced that somebodys playing games with truck loads of money. NPN - 6th biggest share on the market up 20% in 2 days CFR - Up 8% in 1 day (thats an increase of about R 40bn) Yesterday the market pushed new highs in the morning, 2 shares were up, 10 flat and 28 down (i.e. most of the market was getting sold off).
When you watch the ALSI price as well, you can see someone was simply buying everything and anything...Ive never seen anything like this before and Ive gone through 12 years of past data. You have 50 point pull backs, a bull market on 10 shares, 500 point up moves everyday..Unbelievable.