Habusa, Remember this response to my post last week regarding the reality of retailers paring positions?
While one guy wrote that I was a step behind retail longs and that I was confusing traders with investors, your response last week, prior to a three day sell - down prior to the data and a three day sell-off after the data release, was:
"Interesting point of view? Everybody will lighten their load of three time profit in days? You are not the shiniest apple in the barrel? Are you?"
These are structural patterns built in to the market. While there are strong retail traders and strong long-term investor retailers, the majority fall somewhere in between, and the risk-off prior to a catalyst by many, and the selling on the news and/or on downward pressure in response to that catalyst outcome, is prevalent. The strategies and techniques by institutional prop desks - for themselves and for their clients - both long and short - are contingent of these natural outcomes and behavior. The transfer of shares from retailers to institutions depend on this behavior and it's as old as the market.