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  1. Fake out on all bulls or I should say intentional today. 4Th quarter and with week Global industry stats fund managers need to show there yearly percentage gains to there clients so they sell now before the rest of the worlds weakness starts to show itself even more than it is right now. Near 52 week highs on all big industry stocks that are held in the top funds. They sold for two days locking in profits and got active trading today propping up the price for the next leg down as they take there next round of profits. They all have so many millions of shares in these top company's they control the momentum of the S&P based on there actions. Fundamentally the heard is getting to FAT and cant climb up hill very far but when they get tired and bears are chasing them you bet they will run down hill very briskly fat or not any one can run down hill. Bears are getting very hungry as they need to eat before hibernation in late November. Bulls are at there peek in the fall its time to slaughter. Just my opinion. haha

  2. One thing to note on ITHUF is that we have the highest weekly volume ever in 3 years of data and we still have tomorrow to trade yet. Still oversold on the weekly and trading at an annualized price to sales ratio of ~3 as of last quarter. Hadley said on the conference call that they are doing over 10million per month in revs now so realistically we are trading at an even lower valuation. Beat up fundamentally and technically. I'd put very high odds this is the bottom going into the future

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