RE: Down trend..... A few short sessions ago we briefly violated a downtrend line connecting the highs from Sep 2011. The recent financing and general sector correction have knocked the momentum out of the stock for now. That'll change, perhaps even earlier than the closing of the financing in late Feb. We won't need any help from the POG - the fundamentals and news flow are too compelling. Overall I'd say the technical picture is still very constructive for PG looking forward.