no v shape recovery, page-71

I was trying to use a simple analogy... Margins should always be the focus in business because if you cannot maintain a margin than you do the same amount of work for less profit, or conversely more work for the same profit... @Madtrader and @dubspec summarise well.

Interesting rise is the SP, I thought $1.05 was a major resistance in SP (and bought here) only to see SP fall further into the low 90's. Now that SP has risen and sustained $1.05 I am hoping this is now definitely a resistance point and continues to bounce off this. I'm no charter but try and use a little charting in finding a buy/sell price - what do others think