paul12,
That is one of the nagging problems about a T/O atm in my mind. Alot of stale bulls so well and truly unders could possibly get over the line esp considering the loosish register. PP's post from about a month back that postulates possible $125/t in ground value which would only get more undervalued if 26/27/28 just repeats the sort of widths up dip. imo.