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S&P 500
5,520.07
(
-0.16%
)
US TECH 100
18,424.40
(
0.00%
)
Dow Jones
40,974.97
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0.09%
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73.05
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0.54%
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Whiplash_Investor

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Whiplash_Investor

Re: turbosig post# 20057

Wednesday, 08/06/2008 10:05:34 AM

Wednesday, August 06, 2008 10:05:34 AM

Post# of 43413
It's a penny. I could easily drop back and test $.01s again. Remember that the last run into the $.05s occurred on no news. I think it may have been a large short covering, complemented by the usual momentum tag-a-longs. If that's the case, this could easily drift back into the low $.02s, maybe lower. Without last week's action, and no news, this will just slowly drift down.

In the absence of that which is not, that which is, is not.

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