Yes Zipper. If you look back to the retracement in May 07 it is almost identical in set up. It was a shallow one even though it followed a major run up. The magnitude was similar to our .525 - .665, settling at .54 that we are experiencing.
This went on for a few weeks and then shot up to .85. You can see the wave swing setting up. Given pending announcements, it looks like history repeating. Major runs cannot be sustained without these sort of swings.
Those who think the world is collapsing should look at the chart. Set to weekly, and go back to March 07. If this repeats, then there is little downside now and najor upside.
SDL Price at posting:
54.0¢ Sentiment: LT Buy Disclosure: Held
