While I've decided the details on the tape seems to go against my theory, the presence of buyers really doesn't. I was a buyer too, just above .006, and just nearly missed .005 for more.. the question isn't who was buying, it is who was selling. I've decided the volume of selling at the lower prices probably wasn't due to longs who didn't like the last quarter and became scared yesterday after a big seller started the drop. Too much volume down low for that, I think.
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