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Re: amrca post# 8129

Sunday, 08/10/2008 12:05:37 PM

Sunday, August 10, 2008 12:05:37 PM

Post# of 16828
The takedown on Thurs whether short, NSS, or just some idiot placing a large sell at market was done on relatively low volume (look at the one min. chart.) over a short period of time.

However, the prx action after the dump suggests that it was a bear-raid to allow covering of short positions. And/or load up on cheap shs for the longer term.

http://www.wisegeek.com/what-is-a-bear-raid.htm




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