Yes paul its the short interest, combined with profit taking and it being friday. The shorts are trying to get out cheap, the volume today indicates that.
I took some profits in the 8.60+ range and kept a few to ride for a swing. Then added a few as shorts attacked, mon will look to see for additonal add points.
Mondays session will tell us alot going into fed meeting, I cant complain about this trade, have a great average and intitial investment and profits off the table.
have a great weekend
THERE IS GREAT RISK IN THE MARKET!! YOU COULD LOSE ALL YOUR $$$$. ALL IS JUST MY OPINION<>I MAY BE WRONG. I MAY BE DRUNK. I MAY BUY OR SELL ANY SECURITY AT ANYTIME WITHOUT PRIOR NOTICE<> YOU NEED TO CHECK YOUR DD< THIS IS NOT INTENDED AS INVESTMENT ADVICE