Monday, April 14, 2014 4:31:24 PM
10.80 didn't hold.
The next zone is in play
10.80 to the 9.65 area
These bottoms could hold here, or go to the next one down. in the whole zone.
a burst back to 11.50 in a jiffy is possible. followed by a plunge back down ,possible, all possible in typical GALT fashion.
Just when you think 10.80 "has got to be the bottom.....oops,"
If we have seen 11.50 and now 10.50
I would not want to bet on 9.50....but maybe 9.80?
certainly 10 dollars. as a bargain to buy.
But only on two conditions.
1) GALT fundamentals remain good.
and
2) the global stock market doesn't Crash.
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