LAC SP tried to bounce off 50MA but like a magnet it pulled SP back. It is resting right on it. Additionally MACD and RSI are oversold so downward pressure is very little, I think SP has to rebound these coming days. We should never again see SP at $24 which was just a month ago.

 Looking in the future as a few members on our board discussed- I see SP going high ($70) if market conditions remain robust, if market turns sour then $40 to $50 is as high as it might go for the next 6 month.