where to now

Batten down the hatches or mann the lifeboats?

My protective stop is in play if it makes an end of week close below $33.50 on heavy volume.

With profits locked in one can always re-enter if the picture changes.

That said, I am not about to jettison this one prematurely ..... so, it's a watch and wait scenario for me.

Let's see how NCM fares by market close this Friday ... armed with that, and with Wall St.'s close at the end of the week, it could be time for thought over the weekend with the hard decision to be made next Monday.

Good luck to all - NCM may surprise over the next few days with a 'recovery' but if if fails to meet my criteria, out it goes.

Sentiment has no place in trading.