it is interesting how a contagion starts ...the sellers, whoever...

it is interesting how a contagion starts ...
the sellers, whoever they may be, started by selling 40,000 plus shares producing a drop of 3 or so cents... then before the buy side could re-group, they did it again, and again .. so for an outlay of less than 150,000 shares they dropped the SP by 10 cents and significantly below VWAP...
then stop losses were hit and panic broke out .. so down another 10 cents and wildly below VWAP ..
the next day followed the same pattern
and again the day after that..
which is how in the space of three days and not much volume we ended up 50cents down ...

and with this drop the buyers have virtually disappeared, because our average punter still thinks that someone must know something (something bad), otherwise why the big drop..
when in actual fact there is nothing new (as in bad) to know ..
so I am expecting the punters, when they realize that they have been had, to return rather sheepishly to the fray in the course of the coming week ...

or as a simple analogy ... a punter is at the poker table.. he bets on some good cards (poly).. the big traders bet big and bigger until the punter has to fold because the stake he was using wasn't his own money but borrowed money ...