imo it will test lower continually over the next two weeks while pounding out a nice but deep bottom... i would not be surprised to see the recent monthly bottom ~50% approached during extreme lows. just imo.
"a lot of moves are from gaps and sudden move, which can not be predicted."
if you feel this way then you should probably re-examine your strategy, imo.
looks like everyone caught themselves short long before the bad news trickled down to the stock price....
punishing the shorts, imo.
i know a fund manager who is short this thing from 75... he's not the only one.
IYR is experiencing short covering rallies, imo
sub-prime mortgage loan problems are bad, but not as bad as first thought, yet....
my guess is a solid bottom has been put in NFI and AHM...
not unlike the bottoms that are now in for the home builders, imo.