RE: RE: SP Stop losses is the main culprit that causes the SP to crash. Shorts can easily sell down a stock and stop losses just make their job so much easier. Triggering a domino effect by sailing through these stupid stop losses. On days of panic selling (which are plenty of late) people who use stop losses are the primary cause of their own stock's demise. A few years back I lost several promising stocks due to setting up stop losses and forgot about them (yes I was stupid to use them I have to admit). Never use that again. Besides how hard it is to make a decision if you monitor your portfolio anyway. Why do we need this "computer trigger" to do our bidding?
As to where th bottom of LEG is, I think we are there right now. It never breach the $5.30 low point and we are right there. So buy more if you have guts, or spare cash. Unfortunately for me I only have one of the two and it's not spare cash.