Up until August 24th RVX was unmistakenly in a slow steady downtrend. From over $3 in April all the way down to $1.00 before rebounding and closing at $1.25

Since then? There's no mistaking the next 11 sessions as an uptrend...an uptrend that is still on going. The PPS climbed well over the 200 DMA and then jumped well above the 50 dma.

In 11 trading sessions we've gone from a close of 1.25 on August 24th to a close of $1.95 today....that's a 70 cent climb or 56%. Now...if we'd gone up about 6.3 or 6.4 cents every day for 11 days I'm sure everyone would be thrilled...but just as we didn't drop from $3 down to $1 in a staight line....I'm not going to whine when invetiable pull backs occur, especially when they happen on such light volume. If we drop on 5 million or more? Okay....then I might be worried.