Please identify which index, commodity or stock you are referencing in your email of 1/5/06.
There is a retracement of the down move going on here. I have a target price at 8.85 for the up move with resistance in this area. You will need at least an 11 cent drop from the current high of 8.81 to re-enter the short. So take 11 cents off of each progressive new high and that should be it. That should give a drop to a target price of 8.35+/-. There are intermediate support areas along the way. Good luck with the short if you take it. Ira.
Thank you,
Bob Schoeffler
RJS1948@xxxxxxx