Tuesday, February 28, 2012

intraday selloffs.

One thing I'v noticed over the years that it depends on what time of the day it is as to how much credence to give a selloff or a rally.
Usually I don't give much credence to the moves in the middle of the day. Like the selloff that just happened today.
I wonder if this is the result of millions of East coast workers checking their blackberrys on their lunch and then deciding to "take Profits" before they go back to work??
gh

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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh