Like the so-called flash crash, it's a warning of what's to come--price correction. Bay St's target reached, they can now settle back and wait for some consolidation in the $1.50s area before their next target--$3+--is reached...depends on the Chinese bubble bursting or not. If it does....
IMHO those who buy cheap tsx.v stocks (gold, oil, uranium) October-November 2008 will not regret doing so in 2012.