another strange day., page-6

More downside today is unlikely.

The best time to influence the SP in the interest of triggering a selloff is in the opening hours of a "down" day. Dumping on the SP is a potentially costly tactic. The selling needs to be timed correctly or it is of no benefit to the larger holders. Basically they need to be sure that whatever they sell they can buy back cheaper. This is precisely why the dump occurred today. Dumping on a "down" day will always net a far greater number of discounted shares.

The first half hour of today was pure madness. TBH I was even a little shocked at how successful the dumping was. The key thing to note was the frenzy over all those discounted shares.

The reason I say more downside is unlikely today is because further SP manipulation isn't cost effective. To further degrade the SP will require significantly more capital per share purchased than it did this morning. I‘d expect trickle accumulation for the rest of today and possibly this week provided the selling wall does not intensify.