what happened?, page-31

So what "happened" last week in my opinion:

Short term traders started getting uneasy with the high prices and took profits, and punters saw the SP dropping and sold too low. Meanwhile, the smart folks picked up more stock in the low 50's while we were oversold on the 24th and 25th, in anticipation of the correction back to the high 50's / low 60's on Friday and early this week (and most likely sold yesterday before a potential retrace to mid/low 50's again later in the week, perhaps?).

I don't understand why people don't relax a bit! Just my opinion obviously, but I don't see many people winning when they try to fight against the market. Either way good luck all! :)