ARCA needed to cover... look at the flurry of activity around 12:30 at .18 and the fact that ARCA has disappeared from the bid side on level 2.
If 'smart money' has covered, and there is news on the legal front expected this week, maybe someone already knows something.
Unlike me.
PS now that this is the obligatory post to get me out of the mailroom, I have a thought for you , Boss, about the question as to legal strategy you posted last week.