IVIL should has been in the 90's especially it is only less than 1900 hours away from the first night of 2000. Whey are you guys idled at $30's. It is too old fashioned. We are going to be on the George W. Bush's era in January of 2001. So catch up. You option players, cover your put now.
IVIL authoritatively broke through its downside resistance level this morning by hitting 30.25. It looks as if those underwriters trying to stabilize the market for the SPO have stepped aside after taking too much of a beating. Look for a minor dead-cat bounce back to 32-33, but the technicals strongly suggest IVIL will soon be trading into the mid twenties.