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dmlabuda

12/16/11 1:47 PM

#9374 RE: sbc357 #9370

It's certainly trying to depending on where you draw the line. The hourly chart is still not producing oversold readings so a further plunge is certainly possible. We could see a much lower close today which could trigger those oversold conditions but, at that point it might only imply a return to the breakout point and then a subsequent further decline in price.