"Looks like the February - March period when API last broke decisevely under two. If that holds true, then a month or so could be needed to base and attempt to recross 2.00."
This is typical of API. Theres one sure way of making money with API. Wait a day or two after report, then SELL. Come back to API about 2 Weeks before the next report and BUY. Then SELL again after the REPORT.