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Thursday, 11/30/2017 4:02:56 PM

Thursday, November 30, 2017 4:02:56 PM

Post# of 258
Boy, the HFT algos are sure programmed to make sure this one just cannot break out above certain levels. I thought that, finally, this was going to be allowed to stay above the 26dma and 20dma, but no, once again the algos reversed it hard and walked it all the way down into the red.

Yes, some tax loss selling is also at work on UNIT, but all the developments in the Aurelius Cap vs. WIN case look to be in WIN's favor, if you've been following the rich comment-threads on many of the contributor articles at S.Alpha, so it's a wonder that "bargain hunting" hasn't overcome the tax loss selling on UNIT, as has happened with so many other beaten down names that have recently rebounded despite some tax loss selling.

Disclosure: i'm avg'd in at 15.62 so not sweating this one, but every time i think of cashing in some trading shares around 16.80, 16.50, 16.40, i fail to do it, then regret not having "sold high, to later buy lower."



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