What has happend here and continues to happen is manipulation combined with week hands and stop loss buttons.

I am not blaming those bailing if they are bailing out of market scare, sure the market is going through some crappy times with gas @ nearly 2$ and indexes suffering huge losses. Add to that summer down time and lack of news.

Those comined will result in a Demino eefect as one manipulates, others get scared and traders sell.

I do question selling now though, as most stocks are were Alda is and even worse. Somone mensioned "or sell and buy another stock to make up for our losses" this is a typical phrase that traders use, they sell at loss move there money to something hot, guess what happens they miss the exit door and now their problem is worse.

Do what you see good for you, buy, sell or hold.

MMN