any thoughts on todays sp, page-2

My money was on the price pulling back today, may get an initial rally with the dow then move down.
Selers have moved in early and looks to be capped at $1.60 level, if it can move through $1.60 it will run but if not am expecting pull back to $1.40 region today and a little lower from there over the next few days before consolidation and move higher.
Personally i think it needs news to hold at these levels, we still have quite some time until we hear anything about the phosphate...my guess is traders will come back 2 /3 weeks before news is due so in another 3 weeks.
Only my opinion though...have put my money where my mouth is