I don't disagree on the 2000 index I think we see at least 1110. But I think we could easily hit 1080-1090 where major support sits. if that breaks we could see 1040, doubt we go much lower then that in 2014 but time will tell.
As for CPSS, stocks that break one support level generally have no support until they seek the next support level. In retrospect I rushed my adding entry point, but I haven't been my sharpest this week, as I have been dealing with the flu. CPSS has another .20-.35 of downside in my opinion, but in my opinion it should bounce soon. RSI is 30 so getting oversold as well. All is just my opinion, and I could always be wrong though.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.