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The last line of defense is 21.95 low of 5/9/12.Making a lower low would confirm a break of 50ma and lower prices to come.
With market holding and coming back a little, with GDX showing excellent RS, with personal view that "THEY" will hold it together and kick the can and because PFE tested 21.95 successfully...I went ahead and bought some PFE.I will sell if it falls below $21.91. Pleas all wish me good luck.
Dissapointed with PFE relative performance and its underperformance and my "style" of playing the market, I sold PFE and bought more GDX, SLW, and ABX.