QUITE THE RANGEWell the stock certainly has quite the range today. Personally, I think it's well overdone to the downside, but sometimes these things do get a life of their own for a while. As I write this, it sure looked like at least intraday capitulation at $61.30. While I'm not trading this, days like today certainly do provide the opportunities.
But I choose to sit back on this one. Why? Because I remain confident the stock will move strongly higher, despite somewhat annoying days like today. The trend is always stronger than the blip.