last November on the friday before the monday freefallthe market depth indicated that with just ten thousand or so more shares sold we were going over dollar, ( I kid you not ) so i held ( foolishly ).. by the time I checked the computer early in the session monday morning it was already down 50% to 38 cents...and the rest is history..
and 2 years ago I was blissfully and ignorant of the sp quick spike while driving to osoyoos when it ran to 92 cents, and 2 days later when I finally checked it it was down to 70 cents, well I figured I missed the boat, but still should have sold at 70, 65, 60, LOL
noone can catch the bottom or top..but everyone usually says to sell half on a double..
KDM is right, the spike will be brief with the market manipulations, day traders, mini- Bernie Madoffs etc. selling short hoping for poor grades again..so unless we have bonanza grades then all bets are off?