I am looking for recovery towards Nov 9-12th as options expire around there and many $19.00 calls were placed before earnings, CRUS will be at Electronica show at that time. Positive news flow from show and new announcements possible then...as CEO Jason said something about a large OEM contract with a Japan co in the works??...HTC?
Market way over bought here. Was looking for correction. Could get worse. I am waiting 'till after lunch, when hedgies decide whether to take it lower. We could drop another couple hundred points. Not trying to catch a falling knife here.