Falling knife at the momentTrumped up 'news event' to justify an orchestrated selloff to flush out stops and margin positions. Given the volatility in the US market right now I expect the low here will be on the lower rather than higher side. Probably in the 2.40 to 2.50 range, but if they can trump up another 'news event' who knows - they may go for the $2.00 threshhold, at least for a 3 day window. At some point it though, the sharks will have to stop thinking about eating the little fish, and start worrying about being eaten by the other sharks.