Hi GrosPied. It's alllll about liquidity. You just think you don't like these "fast money" traders, where you may depend on one of them some day to be the best bid when you REALLY want out of your position. It's all about liquidity. They don't interfere at all, over the long-term, with where a stock ultimately ends up trading and they add an element to the stock's trading that can't be replaced by those who just buy and hold. Not to mention the excitement you can get in the short-term! Like today! I say bring on all the players and all the money of every variety...short traders, swing traders and throw it in the box traders. All roads lead to riches...sometimes.
UFO
P.S. A rally back today from that air pocket we hit on the open will set up a HUGE candlestick hammer on the chart! HUGE! This would be very bullish.
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