folks,
I guess the 'fill the gap' pt is at 34 1/2.
see: quote.yahoo.com
were having some decent volume going down, so I interpret that as shorts covering, or profit taking (don't think so, otherwise, they would have done so in the 36 range).
This downdraft is market wide. There's nothing market wise to send it down for days on end. IMO, this is just profit taking. That's the main thing to keep in mind. If possible, I think the Market Makers will try to get it down to "close the gap".
But, if they have a boat load of shorts covering, who knows if they'll get down there. We'll see. Definitely, don't try to buy lower, unless you have to.
Here's your chance.
good luck, joe
ps...sorry for delay, lots of trouble getting through to Si. |