The buyer : Seller ratio has just reversed
Was 85,000B:200,000S
Now 235,000:219,000
Hopefully will now pull back somewhat on the presumption that the fall was overdone
They are still forecasting 30% profit growth!! (and the loss was 15mil (15%) off market forecasts - Seems somewhat overdone on the selling side - be interesting to know the shorting positions.
J.
