I regret having shared this only with a few people, but I was out of office most of the day seeing my doctor and all. It, however, shouldn't be top secret that I was waiting for the 2nd trade either direction, and around 1277 was the level for long trade.
Anyway, I am long from 1275 and this is pretty much mom & pop play, but coincided at around important 1277 level. Playing with NK style, I have no 100% confidence if this was VST bottom though. My expectation today was VST bottom around 77 level and close just above 1281, but looks like there was some kind of news after market? I haven't checked yet.
Remember this NK sponsored rally is the first stage of 2012, soon we will have bigger top. After that it will be trader's market with bullish bias. If I am right, I think 2012 would be one of the better profitable year.
Have a nice weekend.
