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Gold/Mining/Energy : INTL FCStone Inc -- Ignore unavailable to you. Want to Upgrade?

To: Scoobah who wrote (15)	3/7/2007 7:44:37 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 31

My read is that we aren't through on the downside. I suspect some rumor of a cash delivery of lead spooked some short, and voila, some upside price action, which triggered more short covering. When one has upward price action on insignificant volume, that's a pretty good sign of short covering. They'll just replace them at either a FIB number or one of the horrendous moving averages lurking overhead. Congrats on your profits!! That's what lowers cost of your non-trading portion of your IAAC position. It looks like you remembered to sell 1/3 on strength. Good On ya! G_T