Thursday, August 13, 2009 6:07:16 PM
spwra was @:
$33.45 on 7/30
$22.35 on 7/10
difference between the two is $11.11;
divide by 2= $5.55, which is the 1/2 point between above prices and = $27.90.
The 50% principle, about where we are right now.
So if $27.90 holds? this is the bottom of the "correction" from $33.45 post earnings high;
or if < $27.90, IMO, we might move closer to the $22.35 pre earnings price.
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