Chart Update, page-10

Yes, the "likely to reverse soon" has not happened. Technically, SP trend is very bearish. Short term traders should get out of position.

I couldn't do anything else beside average down at this current SP level as I value the business around $1.00.

Buffett's thesis: given enough time, a strong business will eventually command a strong price. "In fact, delayed recognition can be an advantage: it may give us the chance to buy more of a good thing at a bargain price"