$70. bottom?---2 yr. low set today, but maybe as Bret Jensen (SA) said $70. was his bottom basing target price. we are close.
---below $64. for a 3 yr. low
---below $35. for a 4 yr. low
---if this is the reaction on the day of Trump's inauguration, GILD is badly wounded by Trump's potential harrangs.
---if GILD closes today at the low or lower that would set the stage for much worse to come (lower lows). $70. will not hold if that is the case & $64. probably won't help. Some institutional support leaving???
---right now there are demonstrations against Trump on the streets of D.C. & they are not entirely peaceful. Noise makers, smoke bombs, police charges & maybe tear gas. And the parade hasn't even started. Not a good sign.
---tomorrow the women's parade/demonstration against Trump begins.
carlos