The TA Study Lounge

[MACDad]

PP- I am so sorry to hear that - a tough spot and I can not make that call for you - I would guess that if .025 does not hold - a lot of people will be thinking just like you - and that WILL cause the sell off - the Max Pain theory - and you will all experience the anxiety and pain all at about the same time. No comfort - but from there the bottom fishers will come in and swoop up shares. The momo is gone from the stock and if I had a hugh loss in it - I am not sure what I would do. The problem with the support is that it is very fresh and it is only a few ticks on the chart - certainly not any support of substance since its mammoth run - which I personally believe was fabricated.

I think Snap might have some better and more useful thoughts on how to handle this one - because I just can't find much upside to it at this point - and not very fond of it.

Snap - help a brother out....

MAC