RE:very ugly day comingLong term I am bullish on this. Large spikes are seldom sustainable unless there's continuous news and the fundementals have changed. Although the overall chart looks bullish, we may see .81 and possibly .72. These are my load zones but what do I know. I know nothig. Consolidation was long over do. I am sure many locked in profits yesterday and may continue to do so today.
Although (Not directed at anyone) we have bears on the boards, I love them.. They enable us to buy the stocks lower. I have now issue with it. Remember, buy low sell high is what we want to do. Keep in mind shorts will need to cover eventually. This can be a nice swing if you time it right. I am going to be watching closely and see if I can pick up some cheapies.