Comment by
Craigbad on Mar 28, 2016 3:38pm
Another close near the low of the day will confirm downtrend strongly intact and likely to continue. I think this could get ugly this week.
Comment by
Craigbad on Mar 28, 2016 3:47pm
Hearing some fund managers dumping this week to get it out of portfolios before the quarter is over. Should be some good buys a few days out. Likely see a race out the door in the coming days.
Comment by
select1011 on Mar 28, 2016 3:56pm
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Comment by
sunshine7 on Mar 28, 2016 4:06pm
if this is the case (and it is likely a contributor), then they will not wait until the final day of quarter to sell (and settle). They are likely concluding sales for this purpose.