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Re: elleryqueen post# 5837

Monday, 05/02/2011 2:16:16 PM

Monday, May 02, 2011 2:16:16 PM

Post# of 43288
I don't think it makes sense to continue to blame all the selling on impatient people. While that may contribute to some selling, I would think it contributes to a small amount.

Many are asking where all the selling is coming from. I would point your attention to the financing and I think you'll have your answer. You have to remember, there's constant downward pressure everyday due to it.

And then once it breaks thru various support levels, you receive added pressure. And on that note, I would direct your attention to the 50MA and the fact that it may close below it.

My posts are just my own opinions. Do your own DD.

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