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To: Lahcim Leinad who wrote (1782)	1/24/2013 4:19:19 PM
From: Trader J	1 Recommendation Read Replies (1) \| Respond to of 2222

I'd hesitate to call it over-sold ... until it proves to be purely that. I'd call this a revaluation sell-off. Not revaluation necessarily as far as technicals go, but more from a psychological standpoint. I would have liked to have been able to trade into it but I expected it to erode as the day went on and no rally was showing itself .... I expect more selling in the days to come. Just don't see near term buying catalysts to propel it in the next couple of days. It will need to get cheaper from this close, at which point traders will see the new level relative to today's level as a potential bargain. Unless I'm wrong. :)