RE:Downward pressureHope you're correct! I know you wont see my post as you have me on ignore! If it goes any lower, my have to take another position today. GLTAL.
Auctioneer wrote: We need to hold 11.73, which was yesterday's low. There was some genius posting here yesterday afternoon that the upward run would continue today, and it was based upon a bunch of things he listed off (with no real justification). All we can do is react to what we see. I'm not concerned yet as this looks like healthy consolidation and the selling pressure isn't strong.