It's almost a perfect storm for ltc: btc rise, competition from ppc, trc, frc... Never mind asic is coming and truck loads of gpu are becoming worthless in the btc world.
Some major speculators have bailed, which is probably a good thing.
what you mean people trading margins are out; now its the real buyers and sellers? and oversold...
I'm disappointed by the lack of backbone in the LTC 'economy'. Basic services and structures are hard to find or do not exist. The speculators were in because there was lots of talk of building these things, but when the months go by and they don't get built, and people talk less and less about actually building them, it gets hard to maintain the faith. Besides, who wouldn't move out of the coin when it stops to drop? Even the faithful know to move out and buy more at the bottom. So now maybe the faithful will buy more.