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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: cubsfan who wrote (5659)	6/23/2009 11:46:07 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

Yes, let it cool a little. As long there is little followthrough on commodities (which also fell for 3 weeks) this stuff doesnt see buyers. I am looking but the base is only $6, it is pretty exactly a 62% reversal between $6 and $19.15, a drop to 9.10 or even 8 is not out of the question. This looks like a dog. Could only see buying if commodities looked better. Otoh,.... the USD weakened a lot; tomorrow afternoon is fed, perhaps they jump-start again. This must be resolved one way or another.