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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Think4Yourself who wrote (41000)3/29/2005 5:45:27 PM
From: chowder   of 206338
 
>>> Did something happen? <<<

Buy programs hit the market this morning and then the sell programs followed up later in the session.

Maybe it was end of quarter window dressing, although I thought most of that might be done already.

I'm seeing a lot of institutional selling on anything that rallies. Institutional selling has been evident in the energy sector for almost a month now.

It's tough to set new highs if you don't have the size coming to market represented by the institutional buyers.

Hence, the slow and agonizing down trend.

dabum
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