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Re: chainma1l post# 5669

Friday, 08/30/2019 1:10:01 PM

Friday, August 30, 2019 1:10:01 PM

Post# of 5842
No, the market makers cleared out the stops and weak hands. My theory is that they were not getting ANY action at this price. So they saw all the stop losses, sell orders and protective trailing stood getting hit. This triggered more sales without any major drop. They won’t be as generous to sell on the way back up. I really think we will be back up to new highs by the beginning of 2020. Just my opinion.