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Why the sharp pull back?

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DZ
Contributor
Does anybody have any idea what the raeson is for this sell-off?
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22 REPLIES 22
DZ
Contributor
thats- reason - and why do we never see such sharp gains?
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Not applicable
43% in a year is a sharp gain....
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DZ
Contributor
over a year but not in a day.
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CE
Super Contributor
Look at EOD, not intra day.
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Not applicable
no reason merely a little profit taking after a good couple of days.No need for panic........YET.
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DZ
Contributor
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asylum
Super Contributor
The bears are going to enjoy those bull steaks medium rare tonight. But for how long?
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Not applicable
I agree - only profit taking after such a solid run. Be that as it may... I'm getting hammered and it's not fun! Who else getting hurt?
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Beep_Beep
Super Contributor
Also getting hammered today
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JohnnyCash
Super Contributor
Sorry guys, shoulda warned u that Im not buying today.....
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Not applicable
touch wood iam still green WEZ - SOL all i have sold my AGL this morning
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asylum
Super Contributor
Yep big time. All i see is Red.Could we not use another colour that's less agressive maybe one thats more soothing and psychedelic like purple or something, might make traders less uptight.
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P_D_A
Contributor
sorry , next time when i sell my portfolio , ill warn
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asylum
Super Contributor
Is this just the start of the sell off or the end. Wait lets ask babyboy as he seems quiet adapt at predicting. What say you.
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Southpaw
Contributor
Running out of tissues here
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asylum
Super Contributor
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trigger
Frequent Contributor
Babyboy, called for a pull back this afternoon. Still waiting for it. Maybe he was talking about a nappy pull back.
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DZ
Contributor
all i saw was red-heavy pain!, but looks like just profit taking yesterday, green much better.
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JohnnyCash
Super Contributor
With 20/20 hindsight it looked like the market wanted to give some a chance to get back in yesterday, thats why.
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