He's talking about more sellers willing to sell than buyers willing to buy. Duh. Mate have you never looked at DOM?
That's the same comment. It's sellers willing to sell at lower and lower prices and buyers willing to buy lower and lower. There are never more sellers than buyers (excepting the argument of market makers who can facilitate these situations by stepping in). 1 contract sold = 1 contract bought
Obviously, it's the difference between market and limit orders. The market drops in the absence of liquidity and sellers willing to hit the bid with their market orders. If there were sufficient liquidity at a certain price level - price would never drop as all market orders would be absorbed and filled. Obviously, at the end of the day, each buy equals a sell. That really goes without saying.
Wiped out the last 94 trading days .... in 7 trading days (almost to the tick, missed by 0.10) . Small LMAO. Were you around 85 years ago?
Of course there can be more sellers (standing by) than buyers and vice versa at any one time. Think of it in the same way as at an art auction the whole room, or close to it, may be interested in a particular painting. There is only one seller and eventually there will only be one buyer once the auction is over. But until that happens there are many "buyers". The trading markets are after all referred to as auction process.
In the beginning, the Coronavirus had a surprisingly temporary effect, after that, even the stock market made new all-time highs as the disease never existed. The problem apparently was when the crisis in China became more serious until the point to disrupt seriously the chain-supply of this globalized world. At that moment then come Fear, panic, irrationality...etc. But what I don't buy totally is that this is a terrible disease with a high risk of becoming a pandemic. It's a flue-like disease with a high ratio of contagious but a very low mortality rate. In the end it's just a flue. The Media, suspiciously, has created fear and alarm for a simple flue. I believe all of us, in a couple of months, will laugh about this unbelievable moment of opportunity.
The media has nothing to do with it ... being a lot more fatal than the flu (no e). The typical flu fatality rate is around 0.1%. This one is somewhere close to 1-2% or for the math challenged 10 to 20 times more fatal.