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Re: CHM_760 post# 6693

Thursday, 05/05/2011 7:17:08 PM

Thursday, May 05, 2011 7:17:08 PM

Post# of 21090
Ledge? There's a ledge?

Call me crazy but I'm playing it like this. Any sign of weakness and I'm doing what I did yesterday. Selling half my holdings and repurchasing lower. Thanks to yesterday I have a bit of a buffer to work with in case it reverses and not end up any worse than what I held originally.

Not sure about the $3 floor. $4 didn't seem to mean much. Maybe there's something to the Blackrock av. price, but if you add in BGF and the other small arms, I'm really not sure what that ultimately is.