Around $31.5/$32.5 there is some good support (top of the box in August), that coupled with the fact that during all the day, JCOM refused ti succumb to the general market weakness and held pretty well. Add to that my more or less normal "bucker discount" strategy and you'll better understand why I jumped in (I tried to get $32.83 the full bucker discount, I jumped in at the time I did at the then ask on Island, because I had a nice "dinner out" appointment with the family and few pennies just did not matter that much. Just don't overrationalize this and if the $31.5 to $32.5 area does not show support, I'll be out again. I see the futes are down hard, but I cannot find much of support in other internals for a major decline (worst than 1842), I lean to the position that 1865 will probably hold in the next two days (possibly tomorrow) and that we have at least a bounce to the 1915 by the middle of next week. A bounce in JCOM to around $36.75/$37 is what I am shooting for short term.
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