any positivity, page-57

If you hold it unleveraged (ie: no margin calls) then you should hang on and wait for Monday's chart. Look for Lehman Brothers in the US to have a strong night tonight. If this happens you are then looking for a gap up at the open on Monday (ie: a price higher than $5.87. If it rises all day from this point it will mark a major reversal. The point for hope is the volume in the last two days, particularly the high volume today with a very small trading range, indicating a buyer rather than a seller is in control. Essentially 40 million shares were bought by somebody today. The significance of the short candle is that it was largely somebody buying everything that was being dumped, rather than intraday trading on a widely ranging share price (do you see my point, if the share is going up and down in big swings a lot of the volume can be people buying and selling in the same day, when the candle is tight, its just somebody buying at a level).

If it rises, expect trouble at $6.80 and $7.50 where short sellers may be lurking. You will have to make a decision about whether you reduce your position at these levels to have cash to deploy elsewhere. It could be a slow climb back up, but if it stays above $5.87 all day on Monday you can be confident it won't go below $4.70 before it rallies significantly. If it does rally and you can be patient, you should write down and remember the following: sell at $9.44. The rally will pull back there if not earlier, and it might pull back all the way to the $5 level.

If it gaps down at the open on Monday you would be in a bit more difficulty.