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There is always a crash when something goes up too fast.Yesterday was a good indicator of how it could go down even on a very flimsy talk.You would not find that kind of drop on MSFT or other stocks that have strong fundamentals.The very fact that this could tank like that shows that there are too many short term speculators playing on this.The best is not to hold on for too long and play with the market movement. you never know when it could tank or Go up, just have to keep your eyes and ears open and have your picks ready.
HOw much of yesterdays sell off was stop/loss taken out? The world did not end and support right where it was suppose to be. People are playing the inside line 300-325. Lots of money made in options there now.