The 1260/63 bounce playable to just shy of the 1300 vicinity? About the 1193/1223 target....do you think we'll kind of "snap" to it within a 3-4 day trading session window within the next couple of weeks (once it starts) or a grinding first leg? It would seem that from the 1260 area, it would just be a hop, skip and a jump to that leg once it's ready to buckle in earnst.
What are your thoughts (if any) on SIRI? Looks like all of their debt holders signed up for an equity stake - not that they did it with smiles on their faces...
At .45 it seems like there are worse gambles out there...
Zeev, IYHO, what is the resistence point of the bounce from 1260-1263 and for my same nickel(g)what is the duration of the move?. Thank you for this and all the rest of your magnificent sharing.