RE: AGG - Tree ShakingCouldn't have said it better myself Yalla.
What you witnessed this morning was a good old classic tree shaking by institutional guys who want to buy cheaper shares and their timing, as always, is good given that we are seeing a pull back in the price of gold today.
Knock the price down on thin volume, take out those that use stop losses and encourage the nervous nellies to panic sell into the sell off. Classic!!!!!
Good buying opp for the savvy trader and investor. At the end of the day they really didn't shake too many shares out of week hands which I found quite interesting. Our trading volumes have dried up this weeks which means it probably wouldn't take much buying to move us up and over the $1.10 level if Pinetree et al would cooperate.
Keep your focus on the fundamentals folks.
GLTA