Everything is possible, but I would say it is not likely, we got the local low this morning IMTO. We do have to take out the 1640 area before we feel "too safe", but i think it is a matter of days not weeks. We will probably get another swoon down in the morning, which, IMTO, will also be a buyin opportunity of sort.
Zeev
In edit, as an aside, since about $11 this mornng, they have been slowly fillin an order of HAUP at $1.20, now they jacked up the bid a little, so they will not complete it. This stock is moribund without much trading, but if volume ever picks up, it should rock and roll. This position is deep in the ed, but I don't mind waiting, the fundies are still OK, just like SEMI and CATS. |