See what happens over the next few days - the battle of the bear and bull is growing strong.. I wouldn't be surprised to see further pressure on the SP. It'll be up to the big boys to decide when this ugly chart starts becoming attractive. I for the life of me cannot see too many ppl willing to sell at such a low level. Like I said CCL is at the mercy of the big guns, once they decide this is a buy the SP will rally pretty quick.
I bought at $9.05, $8.55. I hoped for $8 today but the SP is not ready to go that low yet. Keep in mind I'm really long on CCL.
CCL Price at posting:
$8.53 Sentiment: Buy Disclosure: Held