You are probably right, his comments was a good way to shake out weak hands / followers.
From a technical perspective, the sell volume has stepped up the last 4 trading days, while I'm hoping that it holds at this level, there is a bigger possibility for more sliding. I'm not a candle stick expert, but before we a change in trend, i would look for a star or hammer to signal a turn in the trend, obviously with decreased volume.
You are probably right, we could slip to fill the gap from 1/9-1/10 bet 78.88 and 79.80. Any further slip takes us into the support area of mid $75.
I might use this opp to write some calls against my position to make some $ back...
I try to read this board, lots of minutia to wade through. I was concerned about Cramer's CAT vs JOY and was almost ready to dump JOY on several down days. Guess I'll hang on at least until after earnings, wouldn't be too smart to dump now even though I've had a runup.
Your welcome muzette.You are correct,there is such a minimal amount of posting on here and I am quite surprised at that.I wish there could be more.
Just as a follow up on that guy "Cramer",he is the worlds worst.