For anyone with an Eye on the Ball, it's a little hard to maintain composure on this board. So many sell-side sandals stuck under the steamroller already ... the pinned but as-yet uninjured victims happily boasting about their 'positions'.
Iffy. The winds of hype are blowing a Cyclone of hot and cold. Even the shorts on the board were sane enough to ridicule me mercilessly when they convinced themselves that I had sold at $12. But then they went right back to recommending that people sell at $11. Herb is on the fence too.
The feral, ruinous banshee chorus of the technicals has fallen into a Harmonic Convergence of sorts:
That's about as low as those things go. Very clear, right? But, wait a minute. Where's the Downside from here?
You can almost hear the tiny, insect voice of Hype to Come: Well, maybe there CAN be too much of a good thing. Pigs and Bears, or whatever. It's always Too Soon to buck the trend ... except when it's suddenly Too Late.