stag profiteers closing gap

Sellers now outnumbering buyers by about 2:1

I suspect that a lot of the sellers may be either people taking so-called stag profits, having taken up their entitlements and selling for immediate profit, or people who have been hanging in there having bought at higher prices, just waiting for the chance to "get out even" or somewhere close.

Suffice to say, after the big gap out yesterday, there should be a fair pullback to close the gap, then it should be up, up and away.

Not a time to sell, IMHO, but to hold the line, keep strong, and be patient. This may give some traders some short-term profits, but the long term holders will be much better off in a few months time.

No way I'm selling any of mine :) And I have a lot....