We have longs postulating that it has to pin betwixt the 50-200 for a bit.
First people don't understand why the stock broke down and now they are incredulous that it just cant return to where it was for months-fair value, 70's-80's.
Now on a 320 pt down rout it holds the 200. You people should be happy. The stock market doesnt care where we bought or what we want out of it. This is a distinctively an individual human characteristic
Its funny to watch you plead for 'respect' on this board. "Now on a 320 pt down rout it holds the 200".... HILARIOUS. The stock was thrown to the curb and is stagnant - it isn't "Holding" anything. Did you ever whittle anything as a kid? Whittle too much and you don't have anything left. That is the story of the Jonesing revenue death spiral. Go get an ice-cold can of Contrarian Soda and drown your sorrows.