Jay, this is indeed good news, maybe it will be followed by other expansion plans. In any event, I had a GTC at 24.125 which I did not expect to get filled, but somehow, it did. So, I am back "shaking like an autumn leaf" (VBG).
I think that we may have a little more retrenchment here, and I have set a stop at $21.5, If it breaks, I just do not want to be in an avalanche. I already feel like a knife catcher with today's reentry, but as I said last Friday, the $24-$25 range is quite appetizing in view of, IMHO, possible exuberant 60' later this year. My only concern right now (and thus the relatively "short stop"), as voiced last night, is the low backlog, and thus a possible spring relapse for the whole sector, dragging down the good with the bad.
Zeev |
