Well, Rich, it is interesting that it bounced from the $77 area (it was under that for a very short period only), that was also the support suggested last week for RMBS (following the TA, that is where I jumped, but since they gave me a nice profits in the afternoon and expect that level to be retested and possibly breached, I got out).
I have not the foggiest if $77 will be breached, but if it is, then Happy Henry may indeed be able to cover his short at $65, IMTO, and he'll be justified in coming back to this thread and tell ITYS, since the thread gave him a lot of heat when post the IDF we had a short run into the 90'. I warned the thread at the time that such might happen.
So, one request from every one, be civil, what goes around comes around.
Zeev |
