|
Although 0.43 is a cent less than the 0.44+ that I defined as blow-out numbers that would get us into the $53-58 band shortly after earnings, I think there is a distinct possibility of at least entering that band. I think that it might be a bit much to expect it today, although a big "spike" would do it, but with the momentum, the market having got a second wind, and the analysts meeting on Friday with upgrades coming next week, I think that a point within the $53-$58 band is tantalizingly possible. However, there will be a pull-back sooner or later. Before seeing what happens today, which could change my mind, I think that we may get a new base forming after the pull-back around $49-51 and momentum which will energise attempts on the $60 mark during this first quarter. |
