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Alias Born | 12/17/2009 |
Thursday, May 03, 2012 8:05:28 AM
the word you left out was "coordinated" voracious profit taking.
It was completely planned, IMHO.
The shorts didn't jump in until the latter part of the move, and even then, I truly think only the short volume jumped in after the bounce failed to move higher.
I wouldn't be surprised if shorty is still quite present, and hoping for a drop to the gap at .023.
For my part, I will buy as able and as price levels present themselves.
Holding from .0024, so will let this play out.
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