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Thursday, January 13, 2011 1:37:20 PM
JMO.
Also, glad to see yesterday's action was a blatant reflection of one big sale. That (so far) has not occured today, and we hold steady. Every large sale is going to have that effect on the PPS because there is very limited upward pressure right now. With that said, a few days of non-dumping may force bid sitters to hit the ask instead. These were dream prices a few weeks ago. I know there are people sitting on the sideline waiting. I don't blame them... there is no reason to buy when there is no other upward pressure to contend with.
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