They didn't get their immediate jump that they were looking for and then remember we had several weeks where there was no volume at all so those flippers couldn't get back out. Now they are just happy to see some volume again so they can move out of this and into something more exciting for them. They would rather take a 10% or so loss than set on it and wait. This one is pretty much like watching paint dry and not very exciting for day traders. It doesn't mean much to those of us who are waiting this thing out.
Reminds me of the guy in Foxcatcher that promoted himself as the Great Trainer for the olympic wrestling team that turned out to be mommas boy promoting himself.
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