I do think a fundamental shift caused us to drop yesterday and today, below the 2.80 support...not a technical one.
Today Rock posted an article that appeared over the weekend quoting Sanchez giving updates on the Stratellite schedule going forward and NASA's comments about the speed they are cooperating with GTE.
It is NOT what some wanted to hear...IMO.
The size of trades I watched clock off on the BID this afternoon, and many of them thru CINN, tells me we lost some supporters.
What is interesting is if 2.60 becomes the true bottom of the 2.60-3.30 channel...it's another 23% er. That would make 4 since November.
M
Before dawn there is darkness.
