HSX Forum

Playing & Trading Strategy

A broad, across the board sell-off today. Why?

Posted by: berndog62 (a.k.a Berndog) on Mar 22, 12:23 in response to Seattlezoid's post Big Spring jump today

Can someone explain the 13.5 scrolling pages of red, small increment price drops today vs. only 6.5 scrolling pages of green increases?

I have a large port with a large swath of stocks. Why the sudden drop in price for a massive collection of movie stocks in miniscule (all under a dollar) increments?

Price manipulation by certain port monkey traders? The HSX algorithm decided to make a "correction" today? I find it hard to believe that suddenly, out of the blue, massive numbers of traders decided to collectively sell hundreds of random stocks today?

Usually a high priced Saturday IPO is to blame, as people like to free up cash. I get that. But Princess Diaries 3 is definitely not the reason this time?

Any theories out there?





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