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tedpeele

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tedpeele

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Re: Traderfan post# 1638

Friday, 08/09/2013 2:20:54 PM

Friday, August 09, 2013 2:20:54 PM

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Appreciate that. Can't deny that's a lot of crunch selling..and buying. Doesn't this imply that individuals WERE active during this entire 50 minutes?

However, the main drop to mid .006s only took about a million shares!

With so much buying and selling happening, how can we assume that there weren't as many individual sellers as buyers right after the drop to mid .006s ?

Why can't we say that a number of traders got scared after the quick drop on 1 million shares, and that a number of other traders saw an opportunity? Why not hypothesize a divided group of longs -- some not happy about the recent quarterly report and others hoping for some news the CEO hinted at?
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