This is just the smart money doing what they do, they want cheaper stock so they'll allow this to roll on down to achieve that aim. Nothing new there folks, it's how the game is played. When they step aside and do nothing and don't support the price with buying strength, the mums and dads can't hold it up alone, some panic sets in (evident from some of the posts) and the price rolls on down until they step back in and vacuum up all the cheaper stock.
Good cheaper buying opportunities ahead is all i say, and let's face it we've been here before haven't we?
Cheers
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