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Thursday, July 03, 2008 11:40:17 AM
2.20 here is conceivable but seems like the lower end of the lows so I agree that it may not get hit.
$2.62 is a significant low, I don't love that it hit $2.60 but that is not too much of a break and it seems to be holding above it for now. A Doji would be nice for today given the oversold condition of the chart. Recovery from Citigroup downgrade and market plunge could bring $3.12+ soon. If they report a good Q and intergation successes, even better to follow in the weeks leading up the report.
Enjoy the long weekend!
If you're not living on the edge, your taking up too much space.
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