Alex,
There is a lot of buying at the asked 2 3/8 over the past hour, so looks like it will hold here or higher today, anyway. Tomorrow? The Advanced GET works with end-of-day data only, but an intraday version is coming out soon to use with real-time data. So, what TTRIF will do at this time is anyone's guess. If a short, sharp, one-day sell-off qualifies as a wave 4 retracement, then maybe the selling is over, but I simply don't know. At any rate, I'm betting that it does qualify, because I bought back 130% of what I sold this morning. I really am flying by the seat of my pants, so everything here is just a guess.
Had to write this twice--I'm so used to hitting the reload button hundreds of times a day to update my real-time data that I did it here instead of the submit button. Reload wipes off a response. Damn!
Regards,
Gary |
