livinginstyle re near...
i'm on the fence in re to intermediate (1 month). thats why this stock & today are very important if you are playin the sector.
dont confuse that w/ my feeling about this stock or sector, longer then that. in that, im bullish.
what im keepin a close eye out for is whether the last 3 days w/ the sector is a deadcat bounce, leading back to more nearterm lows backfilling b/c of colorado froth or can we push up today & sustain.
if, we rally & close up today w/ volume. Then that is a very good sign, that the colorado sell off lows are done w/. that would be very bullish & imply this nearterm rally could lead into next week w/ only a smaller pullback. not retesting of colorado sell off lows. so if phot has strong close, then id be very inclined to agree w/ you.
owning fitx, erbb and latf right now, then i certainly think what phot can do today has a strong bearing on them intermediately also.
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