Banter and General Comments, page-8279

I know of a couple of sellers out there. They had the old "margin call" thrust upon them, so it looks like not all trades are in-house trades.
For what it's worth, GXY is not being singled out. It's market wide. It just happens we are in one of the least preferred sectors at present so we will be seeing continuing downward momentum for a bit longer.
If the overall market capitulates, then the calls for new 1-year lows will be a reality.
Not pleasant nor welcome, however, a real possibility in a deteriorating economic/ financial climate.
It's good to keep some powder dry and look for some bargains when the dust settles.