Earlier this morning I would have agreed with your theory. I sold out yesterday in anticipation of the Obama downdraught. I had an order at 2.70 for re-entry today but have now shifted that down to $2.50 and will review that over the next couple of days. The Sell side is growing and I don't see any reason to rush back in at the moment. If it hits 2.50 I think that might trigger a few margin calls and stop/sells. All my own opinion. Cheers
SIR Price at posting:
$2.69 Sentiment: None Disclosure: Not Held