Posted On: 10/29/2013 5:35:21 PM
Post# of 36729
I would say the action the last couple of days with waves of buying was from a group.
They bought on the way up and today they dumped and shorted the way down.
Why else would today be mostly bid whacking. Also this talk from some about the RSI needs to reset is hogwash. The RSI was just at 70 yesterday and had plenty of room to move up.
This is my opinion
They bought on the way up and today they dumped and shorted the way down.
Why else would today be mostly bid whacking. Also this talk from some about the RSI needs to reset is hogwash. The RSI was just at 70 yesterday and had plenty of room to move up.
This is my opinion
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