Replies to post #744 on Doral Financial Corp. (DRLCQ)

[Wrinkles]

If you take a look at the chart for the S&P below, the RSI is at 36.44, room to go lower for sure. Then look back to around August 9th, looks like the RSI hit about 15 range before she bounced. Then add in we closed at 1099, below the 1100 support, plus after hrs even lower. I'd say there is definitely more room to run lower and the markets will tomorrow, jmo.

http://stockcharts.com/h-sc/ui?s=spy