Post by
marktur on Jun 23, 2011 2:56pm
Re: We're at a standoff
This is NOT a decisive break of the long term support level. Notice how large new bids keep coming in within the range? It's just another effort by certain parties to flush out more by taking out the .20 stops. Needless to say they are also trying to damage the sentiment of retail investors. This has yielded them very little though. Everybody selling here is either taking losses, short, or naked short.
Comment by
coolrunning on Jun 23, 2011 4:13pm
Hopefully it is not that some know something we don't. Like say the cake went flat and is burned.