RE: RE: Buyers/SellersAgreed, what we are seeing here in my opinion is a major tree shaking before a huge batch of assays is out. Although its frustrating and a pain in the butt it makes the Stock stronger and when news starts pouring in and speculators come back the SP could be driven harder fast. Can.v is now in oversold territory with an RSI under 30 which is where a quick reversal normally happens (90% of the time).
P.S gold was in overbought territory and is going through a healthy and much needed pull back.. fundamentals remain the same and the technical picture remains very bullish. I think the next level is 1800 and i think we hit it this summer. Terrible day to be a day trader but things will turn around soon this is where the smart traders are separated from the dumb ones.