You are right, don't know about one day ,but it is bottoming, has done this 3 times and the smart money was rewarded each time. Each time longs were told it wouldn't happen it went to close or over 4. Of course you and most here already know that. This is an easy trade here like usual. Accurate precise post. I tip my tophat to you sir!
Sentiment: Strong Buy
Ya know white I think it was up a penny or so the next day so you may have tech won that. Overall its doing exactly what I had expected. How about you, you suprised this is happening after a huge blowout loss ?
Honestly dont think that will happen, wishful thinking you will get some of your lost money back. The phrase"catch a falling knife" comes to mind. In the coming days we are going to get downgrades and possibly a credit downgrade as well.
Lets check back in to see who is right