seems more like capitulation with bigger sellers of stock taking out buyers.
margin also comes into the equation.have friend currently in london with 1.1 mill of these,some held on a margin through leveraged equities.
if he capitulates,he alone can wipe hdr buyers off the screen.
you do not need to be in the stockmarket 24/7/365.
let the market drift,cant fight it anyway,and enter "some other day".
my position today nil equities,3 inner city props(residential and industrial) nil debt,maximum line of credit against properties waiting @ my leisure to re-enter equities.
happy trails amigos.
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