Post by
sunshine7 on Oct 26, 2015 11:34am
If I was a betting man...
(which I am), I see CXR being in the green this afternoon. Suspicious positions before open (gap up with large but balance bid/offer) only to be pulled just before open followed by slow erosion of SP in small increments. Seen it before as work of those whose wish to accumulate (or cover) but will become exhausted as the day goes on.
Comment by
bullchart on Oct 26, 2015 11:44am
My thoughts exactly. The news release will soak in. Open higher than Fridays high gives a bit of our move this week. I looked at $42.50 as a gift this morning. The health index appears to be supporting, they can't seem to drive the Dow back to much this morning. VRX raising a pretty good detailed defence. We shall see where goes this afternoon but could squeeze into a $45 close quite easily