Direxion Daily Technology Bear (TECS)

[Bill de MT]

Haven't really paid attention to SWC's fundementals lately. Looking at them tonight. Consensus is .07 a share- crazy low. Based on the low palladium prices. Had no idea Pd has gotten so low. So yeah- I think SWC will make that number just because it's so crappy.

It's right above its 52 week low. If it gets under 7.31, I think there's serious problems for it. It's bounced off this level 4 times since 2005 to some pretty good gains and gone under this level once to under 2 bucks coming back in 2 years to over 26. Odds are that it'll bounce from here or slightly lower, IMO.