Buying patterns of private share shifters are quite interesting. We can get an idea of how all share shifters are behaving by looking at the websites of popular
brokers.

I do this routinely – though of course, my loyalties lie with Sharecrazy.com trading facilities (for two reasons: when you ring the phone somebody answers it fast and on the very rare occasions anything as gone wrong, in my case anyway, theyve put it right very quickly).

Any road up, banks are still top of the trading tree. There is a heck of a lot of trading going on in UK banks. Which is rather strange, given the fact that the shares are not rising much. In fact, they are stuck in the mud and liable to fall faster than they rise.

Barclays (LSE: BARC.L - news) , RBS (LSE: RBS.L - news) and Lloyds are the most bought shares for one big broker. Balancing that out was the fact that these three banks were also the most sold. Somebody somewhere thinks bank shares are volatile. Well, they dont seem too volatile to me and Im certainly making most of my money elsewhere.

I still have hopes for the banks to make a mighty recovery as credit gets easier to get, but Ive been disappointed. I know I should sell them all and invest in faster shares – like African mining shares, for example. Or high street shops which are presently enjoying a rally.

But I dont, because it seems logical to me that bank shares have been oversold (due perhaps mainly to a distrust of the governments financial expertise). When confidence returns, so will the share price as long as wholesale credit returns, which is expected.

The other big share being bought at the moment is the mining share. Not all of them, but some miners, both big and small, are climbing back. No wonder, really, as mine shares fared nearly as badly in banks in the recession. China is one reason as this huge economy has not given up on building and engineering.

Of the two popular front in shares at the moment, banks and mines, I happen to prefer mines. You dont have to agree with me. God bless.