BaptismJust when things are looking up we get smacked with a staggering reversal. It's like getting kicked in the guts. But its par for the course. They call that a 'round trip'. DISMAL one might say.
What is the accurate valuation for ARX: Low 19's or mid 22's? Easy hold here, easy add in the teens, easy sell when over bought.
If I was taking bets on the over/under before we see 22.44 again.. I might have to take the over on 6 months.. $4 Gas, $80 oil would change things quickly.. Stay frosty.. GLTA.