Given the choices I laid our yesterday– guess the wallow around is finished and there doesn’t seem to be any inspiration for liquidation that could send prices lower. Option traders should seriously look at the $9.00 area after the gains yesterday. Prompt now trades at a $.05 premium to December and a $.17 premium to September (don’t ask). I will not be doing anything during the next two days — rather waiting until the kids try to figure out who just bought the last ticket in and starts the panic. Daily volume continues to wither and open interest continues to languish (early estimates).
Major Support:$8.02, $7.55, $7.14, $6.88, $6.754,$6.38, $6.02, $5.623, Minor Support: $7.41, $6.42, $5.548, $5.40-$5.45 Major Resistance: $8.95, $8.996-$9.057
