[MalcolmSm1th]

Thanks for the feedback on FIRST GROUP (FGP.L).

I have read with great interest, here and elsewhere, your comments and thoughts on the LSE volume reporting. I have to admit to having a slightly different viewpoint to you on the reliability on volume. I get the impression that you take the London volume figures with a small amount of trust. I look at them as a complete and utter work of fiction.

I see stocks with volume charts all gear up to about five times the normal volume after running at a certain range of volume for years and then it jumps up to a higher gear of reporting.

I only have the volume histogram on my charts because they look pretty and it prevents people asking "where's the volume?" and the other reason is that, one day, I may actually note that they reflect real-life.

The 2012 range. I have been looking at that and even if it does get there and stops then that would be nice 25% into the kitty. This stock does have an interesting characteristic; everytime the thing shows strength it collapses.

I am still considering this one and I note that this morning it's moved down a little. So it will be interesting to see what it does overtime; will it hit the MA and bounce or will it run true to form and dive like a Manchester United player?