Doesn't look too good for "the trend"Recovered a bit because of the overall good market day.Once hte Xmas rally ends in a day or a week, what do you think the trend will be??I see RED in my crystal ball.
Long term trend is up - current target around 24. If they blow out earnings and increase guidance for 2006, who knows. I expect Dutton to issue new estimates, increasing target from current level of around 24 to 26-28.
Dead bounce maybe. But I promise you, this ride is about over.Lower lows as well as lower highs from here on out.