You may be right. I saw some big transactions go through AH on the sell side which could be those shorts I thought I saw recently, now exiting their positions. I'm holding off for now. Will wait for $540- or $576+ before considering my next long entry. Long term and I mean in the next 25-30+ days I think we probably see the $600+. I just thought the launch to there would start from a lower place. Guidance seems to be the killer these days even when good numbers are provided. How could guidance not be good? The just landed the CHL deal and that's got to bring in some good guidance I would think. Of course it all depends on how the big bucks have positioned themselves.
PS - Im still not so sure that we wont see a small correction early in the new year market wide. We closed the year on the highs.
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