RE:Capitulation.Lots of selling. i'm sure it will bounce back in the New Year but probably not before that
pjecan wrote: Total volume today was 908,300 way higher than usual. Many of the trades today were in the thousands in addition to the many 100 lot trades. I am hoping that this indicates many of the weaker hands and wobblers have lost patience and nerve. This would mean that the "shorters and manipulaters" have won or are close to winning. If this theory is correct we should see the stock price start to strengthen.
Just a theory from an optomistic amateur.