Hang in there Pardner - today is it - this is one of the algo...

Hang in there Pardner - today is it - this is one of the algo "flash crashes" Asto is talking about - its their signature dish - a normal seller would drip feed on & get best price possible by not revealing all volume have to sell.

Algo is after a different result - dump big line to take out key bidder levels (in shock & awe campaign - don't give time for new bidders to come in & reinforce support levels) - will see what stop losses it can flush out sub 60, then watch for the very same operators to swoop in on the bid & take out any flushed stop losses or demoralised holders.

Don't capitulate today - that is exactly what they're fishing for... hold the line - the saving grace is these MFs have to buy back all the stock they have borrowed to do what they've done - will be quite a recovery ahead if have the nerve to hold on.