Today's price action was extremely good. There was clear buying pressure. Anyone who watched the inaccurate Level 2 for awhile would have observed large orders (5-10,000 shares) being put in at a lowball price, and then they would keep moving the bid up until filled. Lots of large trades, and a high volume day.

This is NOT the way trading has been in the past. If I may quote Eddie Murphy,

https://www.youtube.com/watch?v=uI4fVgVVpiw

at around 40 seconds: 'They panickin' -- I can feel it"