I don't think is a dead cat, and if it were it will keep on bouncing as the pair trades are wind down. Think of how long it took them to put up these trades. It'll take wile to wind them all down. If is going the way I believe it will, we'll see $6 very soon. Since it hasn't been a sharp reversal I want to see it slowly grounding higher, the same it came down. Make sense, doesn't it?