Quote from dividend:
My question is does anyone see footprints of this in "the tape"?
Tape readers should have been able to see such a huge footprint
Large traders distribute positions to price chasers on a regular basis, and the tape showed the typical pattern. The price action was a month of booking profits into strength, no volume spikes, divergences abound. There are many "godzillas" tiptoeing out the exit doorz when the price action gets flat and choppy after a big runup, whether they have insider info or not. Part of trading is to recognize when a move "could" be finished and to scale out.....
