Yes. I think their automated system is a little late with this one. The time to short was (with hindsight) the day before. Sometimes that system is pretty good, but Gxy moves so quickly that I think it is a bit hard for an automated system to catch it fast enough. Not sure that under the current scenario much in the way of chart analysis is working, except for the floor points. The downside targets seem to work - at least for a time, but I suspect that the over-all target was always 150. Note that it was when it hit this level that the buy orders came flooding in - in the millions and kept buying at 164'ish for the afternoon. I'd say we can go back to technical analysis with more reliability on the up swing, resistances and such.
GXY Price at posting:
$1.64 Sentiment: Buy Disclosure: Held