bryanz

More on Fundamentals and Stock Prices: The Case of Potash Corp.

The 50 is turning down pretty heavily, it failed against the 200 and got beat up (albeit with the rest of the market) today. 150 was resistance in the past, maybe it'll bounce, especially tomorrow if the market catches its breath. But right now there's no compelling reason for it not to go lower first, maybe even to 130. I'd be watching the 50 and the 200, they're getting awfully close on the downside...