Sir, We could see the lower end of $3.50 pps which appears to be a nice support area. Should bounce off that for a rebound upwards.
No doubt in long term they will go up. In short term you have to play the pops and drops-much like the big boys do-to make any money. Such low mkt volume indicates most of what we are seeing now is computer driven trading results.
No, they aren't. Some media are. They don't want to look goofy again. They are erring on the side of safety. Besides, most doom and gloomers are the ones who missed the recovery (DOW 6500 to 11,000) and want a second chance at it.