purely TA theory posts, page-230

Agreed. But there will be alot of panick selling too adding fuel to the flame. If there is insider knowledge its the initial burn, but the wind picks up when others are driven to fear and have no idea what's happening. One can only make assumptions like this now...

Worse is the sentiment affects the buy side so support is next to non-existant bar those trying to catch what many think is a falling knife. Very bad combo and indeed easier for sellers to manipulate. Especially when you consider the negative sentiment form the Lisa saga last week already weakened buy side demand as everyone is on the sidelines or awaiting a news update...