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Michael Anderson

05/18/11 10:07 PM

#30877 RE: Chesterfield #30875

If this is your thought, then why would you exit right at the open with an expected bounce?

Psychologically, I believe many longs have come to terms with large losses here and thus the urgency of getting out has diminished over the time of the halt, while shorts will be eager to lock in profits before what could be an unprecedented bounce erases those profits