I think that there was a lot of new investors that got in at a high range. When it was very volatile they decided that it was not for them and started selling.
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I think that there was a lot of new investors that got in at a high range. When it was very volatile they decided that it was not for them and started selling.
In the old Wall Street days, they were called "puppies": a downturn was called "shaking out the puppies."
There were more unflattering names, too.
So true