who sold when everyone bought in the morning?

today's gap up (courtesy global factors)

resulted in the early morning scenario

where a lot of people were lined up to buy.

then who was selling?

obviously, there must be somebody willing to sell a lot for this mass buying.

it is prudent to assume that those who were long won't sell especially when their stand gets vindicated due to gap up!

so who's selling?

operators.

but.....but....

at a premium.

they always do this. they are the happy sellers when people are mad to buy and happy buyers when people are dying to sell!

so, this morning too, the operators shorted what people bought.

operators did that to make the short term money. they were expected to buy back those short positions at lower price.

if they expect higher levels, they would have been a decent dip after gap opening, giving chance to operators to book intraday profit and then start accumulating for higher levels.

so far the operators have not bought back, seemingly.

so when are they planning to?