makattack - from my observations tree shaking usually involves a sudden surge of sort selling (a serge is the sell side), quick drops in sp on increased volume. However, what we're currently seeing is persistent selling over several days on relatively low volume yesterday and easing of sp with a drop in buyers (as opposed to a serge of sellers).
For me it's more reminiscent of a drop in confidence and a pull back by buyers - a wait and see and take some profits. Not such a bad idea.
But I could be wrong.
blackhat - glad to see you're still good for a reasonable honest contest of ideas. We're all here to make a buck - thanks for your frank input, much appreciated.
OEX Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
