Duke, yes impressive, but we've had equally impressive downside moves -- strung back-to-back, that brought us here from 35. Although we made most of the moves to the downside on low volume, I still believe that with the stock not far from where it was a year ago, possibly some aggressive funds will switch out at the end of the month and buy something else, so I think that despite earnings, the real move will come at the last week, depending on the CC story.
My portfolio sure needed the boost, but I am really looking for something 10 points higher and then some. Friday's move was great, but the markets were all on fire. The momentum has to change and the perception along with it. As long as the turnaround story takes hold after the Q3 CC, we should be in good shape going forward.
Kinda scarry week. Thank goodness I did not have margin in play.
Best regards and have a great weekend, |
