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weazelboy

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weazelboy

Re: oldberkeley post# 562

Tuesday, 03/18/2014 4:23:12 PM

Tuesday, March 18, 2014 4:23:12 PM

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Yes, it was brutal OB. And from a technical standpoint, it seems to have painted a very grim picture in the short term. There was significant money flowing out of this stock and distribution occuring today. Bluntly, someone was selling with abandon. Of course, it could just be a by-product of the shorts winning today and selling at any cost, but I suspect it's more than that.

Based on the chart formation, I fear tomorrow it gets worse... frown
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