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To: Secret_Agent_Man who wrote (371350)7/15/2008 10:50:02 AM
From: stan_hughes  Respond to of 436258
 
Well, you have to agree that at SPX 1200 it was getting too far out of the channel -- bigcharts.marketwatch.com

The sellers need to let the market do some backing and filling and a bit of sideways churning before they heap another load onto the bid -- got to keep the bulls interested in hanging around when you're in distribution mode, because you don't want to be scaring everyone away before you're done

I figure the sellers are probably down to their last 100 trillion shares, so this selling shouldn't last much beyond June 2015