Some amazing sideways trading lately. I sold most of my holdings yesterday @ 31.5, within minutes regreting it as i saw buyers instantly building and looking like upward movement was imminent.
Then today, major downward pressure initially allowed me to buy back @ 31 cents and in fact if i had been more patient, I could have bought back @ 30.5 as BLY momentarily hit 30 cents.
Then everything reverses, even touching 32 cents to close flat @ 31.5 cents.
Alot of shares were sold down and alot of shares were bought up. Such powerful forces having almost equal effects resulting in no real headway being made today.
When will it escape this vortex? Only time will tell.
Raving1
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