week ended 29th october, page-6

"..Are we headed back to 0.455? Time will tell."

As time always does.

Interesting that your figures are almost identical to my estimates. Furthermore, I suspect that the selloff from the last ramp earlier this month, which interrupted the downtrend, is still not complete. Still some holdouts waiting on good news in the quarterly. Mid 40s does indeed seem probable within the next week or two , provided that quarterly is mediocre. Of course buying support at 45 would evaporate with no news before calendar year end, although maybe a buy/sell (ie from 40s) opportunity during a price spike in the interim, on the expectation of good news. Worth watching at present.