Previous was in May 2007 @ 49.70. This chart looks fantastic - a 6 year basing pattern - sort of looks like a cup & handle or head and shoulders bottom on the monthly chart. As long as the analysts don't put the kybosh on this overnight it will attract the momentum guys. I only caught the last 15 minutes of the conference call but it sounded good. I'll listen to the entirety after the close.
Nice call to see $50. I took off about 1/3 of my position just below that level. Heaven knows what they say in the conference call and I always lighten up on a big move ahead of a conference call. I can always add later but can't make the market go up if the cc isn't great. Good luck!
Blowout report; breathed a huge sigh of relief. I don't know whether 50+ tomorrow - but it should take that level out by next week unless the conference call sucks. I would like to see arii have a good report too; results due later this afternoon. That would add fuel to the fire giving weight to the bullishness of the sector.