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Post# of 92948
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Dragon Lady

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Dragon Lady

Re: homeslice10 post# 81669

Friday, 02/27/2015 8:15:30 PM

Friday, February 27, 2015 8:15:30 PM

Post# of 92948
Actually the largest sell of the day was in the AM- the one that sunk the very brief AM "pop" hard to the red side.

It did the majority of the day's volume below the red-line. Just look at the daily chart. It wasn't some end of day "paint the tape"- it was sustained selling a good part of the day w/o enough buying pressure to push it green or hold it. Both days so far on the Nas it sold off into the moments of strength.

That means either profit taking, plain-jane selling or it's being shorted already IMO.
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