Mike, as you know, I'm not playing the common. I'm very content holding my
preferred and collecting my 13% divvy(from my cost basis) until the conversion
to common in 2010.

drew. ryan posted an hour or so ago that he considers it a buy above 53 and a
sell below 45. i'd look at 38 after that and 61 on the upside. i was listening
to bloomberg last night and they were saying china is overflowing with every
commodity other than oil. after it ran up a couple of $'s today, i dumped it.
mike

About a week or so ago, Kos, Vmac, and I were discussing this very question in
the T/A forums if you want to wade that far back in the forums. Good job taking
profits, just awesome timing! I thinking Kos's thesis was that there would be a
a lot of support around the 200 day moving avg. (48ish). If were buying it, I
would start buying now with a stop at 48ish. If it gaps below that buy at 45ish
with a tight,tight stop. If you don't do stops then, wait for a pullback to
48ish. If it gaps below that your bogey is 45ish. If it gaps convincingly below
45, then look out below. It could end up trading with a 30 handle. In general
I do not seeing it trading much below 45 unless we have a double dip global wide
recession.

i've been wondering the same thing