Yes bluethunder,
I did do the very quick DT (day trade) as it gave such a strong change in trading bias from the fall to mid 80's that it had to bounce somewhat.... Even though I made a profit in a few minutes for the trade - it's hardly a good/clever trade due to the T/H pos. and other unknown factors....
I expect that a number of shorts might have covered due to the T/H pos. ... Better to lock in profit around $1 on the short for some, I suspect, rather than some pos. of a T/H for a lengthy period, ala MFS situation...
Happy to let others trade it here, as sometimes the best trading is when you choose not to trade.....
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babcock & brown limited
Yes bluethunder,I did do the very quick DT (day trade) as it...
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