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The poo is having an effect but more so the profit takers along...

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    The poo is having an effect but more so the profit takers along with shorters - profit takers are doing the heavy lifting for the shorters - which is scary given what may yet happen if the poo does keep going lower again though the profit takers will want to load up again which is where support will comeback in - today support could be seen at several stages and even some rising but that's where the shorters could sacrifice the shares and help tip the balance - this will end when the company announces something material in regards future direction but for the time being Daytraders will be looking to enter again where they think a bottom may have formed.
 
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