OVTI breached $50.5 and may close the gap to $46.5, going possibly all the way to $45, back to the October prices (when I suggested it could go to $75, it went only to $67.6). SNDK is fighting its own Maginot line at $60 and seems to be ready to give it up, if it does, it could go to $53/$54 fast. Since I have a "danger" sign above the market, i would use any opportunity to sell these two. Jim has a local high Wednesday, while I have a mini low Wednesday and since when we disagree, about half of the time or more, he is right and I am wrong, I am not sure what to tell you. My model has us printing 2060 sometime this week and not a very big bounce from there. As for JCOM, it tested $21.50 as expected, if it holds, great, if it does not, I mentioned earlier it could revisit the $17 or so area. So, you may want to plan a strategic retreat on that one as well.
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