Dennis, the only reason you may want to explore both sides of the equation is that, IMHO, a singular event happened after the last CC, the market decided to pay more attention to the floorless situation than to the remarks made by management. It is possible, that until a real down to earth PO materializes, the normal floorless scenario will emerge, it is so far, notwithstanding the low volume mild rally we had in the last two three trading sessions.
I was expecting at least a sizeable rally after the CC if not a complete trend reversal, it did not happen, and being fast at recognizing my error, I bailed out, I think that my own knee jerk reaction is something percolating in the market vis a vis VLNC, for the time being. I, for one, am not fighting the trend.
Zeev |
