7.7c surprises everyone ?, page-23

forro, imo today's action is just a continuation from yesterdays opening of the pro trader

currently there attempting to shake out of their positions the ST trader and weak holders who unfortunately bought at higher prices over the last little while

therefore I guess it's of no concern really to any LT holders who obviously wont be cashing in their chips for quite a while

I think the price will continue to flounder for a while yet, it may pop back up a short amount but that's possibly only for them to fill more of their sell orders

but eventually after they 'test' for any more supply and if they note it's successful they'll then move it back up

cheers