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DrGreenthumb

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DrGreenthumb

Re: Bresnahan post# 2766

Wednesday, 04/16/2014 1:55:11 PM

Wednesday, April 16, 2014 1:55:11 PM

Post# of 128585
The fact that we saw the whole sector plummet at least 50% from its highs, is healthy because it purges LEVERAGED SPECULATORS. Nobody using leverage (and many were) can sustain this kind of drop, and thus they are forced to sell and exacerbate the decline. Looks good on 'em IMHO
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