Didd'nt AXP go up on a regular volume type of trading a nd is'nt going down now on trades of 100 or 200 shares at a time here?Is'nt that what is really going on here?
You're watching people drop out at 100 or 200 at a time. People pick up 1000 & 2000 at a time and the machines rock this stock back and forth down.nothing else can be said.we're just hostage to it. If you get out and try to go along and catch up, it can turn right around on you and set you back more before you can even get back on the board.
It's still wired up but the index funds that are rising are tugging on it a bit now against the machines.may not help or they may decide to put them in reverse and let it fly.