QUOTE (nimblebear @ Mar 20 2008, 06:02 AM)

And a drop to $780 isn't out of the question.

Your "wording" is what confuses Senor somewhat. "Consolidation" is usually thought of as a sideways type action. This looks more like a fast and furious grande bull market correction - and 850 or 780 in perhaps a several week period is not what Senor considers a "consolidation". No big deal, but semantics are importante.
PURE BS
Senor