Oh don't get me wrong, I completely agree with you....I'm buying all the way down in 25 cent decrements, started at 41....I'm loading up the mothership and using up the 20% strategic reserve space!!, as it's about to turn on all engines and orbit outta here.....wont stop buying all the way to zero!!

I don't feel it will go below 38.5 (IMHO)....I'm a Stewart Thompson type buyer....We're looking at a 30 yr reverse head and shoulders....It's funny how ST was a silver seller 2 weeks ago and now it's his most succulent (sp?) menu item.

Just goes to show that TA has its limitations. One must have the fundamental view, in my years at JPMorgan working for the 'witch', I've learned to have a view, stick to it, focus like a heat seeker and make a market in it. This is the best investment of our generation that's given us lots of **advance notice*** and has signaled another gift to load the warehouses again. Just like ECU the fundamentals will take hold eventually ....that's the nature of life and ultimate reversion to the mean.