It seems a little early for a low, but the next three days we could see the low (apprx. $1075.00 cash) and then back up. Plenty of built up energy in this move yet. We had a similar consolidation in November/December of 07 and it resolved to the upside. I don't have any reason to believe otherwise this time. Of course this is the market and anything could happen and you have to be ready for that.