... And seems we do
... Yesterday's candlestick formed what is known as a hammer, considered a bullish reversal indicator. Seeing some follow through at this time. Higher open is a good sign. Closing in the upper half of the trading range would further confirm the reversal.
It will be interesting to see if this continues to move up through Tuesday, the last day to record buys/sells in 2011. Speculating that if a significant move up happens, it could indicate some Big Guys (likely hedgies, not mutuals) are in trying to pad their portfolios. Where this moves from now to Tuesday could kinda-sorta give indication if Big Guys are in and trying to make things look good to their investors.