Re: No need to panic - We May be losing our Swartz! - Larry...
in response to
by
posted on
Mar 26, 2008 11:56AM
I'll agree with this - at high .30's/low .40's there's not alot of momentum for S&L to dump, but yes, at .60+, great.
The issue that clogs my thinking is that as a direct benefactor of this run, he essentially shot himslef in the foot, killing sustainable, incremental profit taking opportunities. Unless he choosing to not look back, which isn't consistent.
I do see in the last 10-15 min a rally is being attempted, but its small potato shares going through.
Could just be that a 45-50% gain in a week or so of activity was just too much for a big fish to refuse...can't blame them.
Thanks and Regards