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Strange Day ...
Submitted by vickers
on Tue, 07/08/2008 - 12:00am
One if not more large institutional sellers came out during the day and dumped their holdings...
the result was a very large swing from a positive 100 plus points to a negative 150... or so.
We have been short... just watching the lines... all positions performing well...
I am not sure what it all means?
On friday the SPX weekly bar, broke thru to a new low perhaps signaling some significant selling ahead...
Was this several large traders now seeing that and saying better to get going while the going is good?
we'll see-
the days ahead should be interesting
BMY lookin lower..............



