mcrs nervous nellies

Tell me that this market hasnt been manipulated and the sheep followed in droves.
PON still at us$14/lb
LME Inventories at record lows....yet on the back of no bad news sp collapses 25%.
Retracements are expected on the back of rises, but 25%??? Id say it was helped along somehow.

I'd speculate some smart funds/brokers took profits, triggered stop losses and shorted us making a market on the way down.
Today or tomorrow they'll buy back in and profit on the way back up.
I dont have the sensibilities for day trading yet when you see this caper happening.On the back of MCR's rise over the last 3-4 months, Id say we were ripe for the picking.