Maybe not in this particular case.... but there are folks trading all different time frames and strategies here.   What might not look good for me swinging for a few days might look good to somebody else day trading or scalping, for instance.  Also, you never know what kind of strategy somebody is using and some guys are probably just betting on a bounce.  We're certainly due.  I do remember a recent bear market where that strategy didn't work so well, though.  Anyway, if you stick around you might learn a few things and I'll bet you like it here.