The fact that we have stabilized at $1.70-$1.80 is a bad sign, think about it who would be foolish enough to buy at these levels with so many outstanding questions? Only the Shorts that are being cautious and covering.
After they have made their bucks, who is going to buy after that?
JMO! It appears to me, the whole market is suffering! I can`t believe the Feds would let AIG go Bankrupt. After the billions of dollars loaned to AIG come on! Do you really think our govrnment would let the biggest Insurance Co. go belly up! I have an order to purchase more if it drops lower even though so far like most of you, I`m losing quite a bit on paper. Spiro