Zeev...what do you make of the naz....good rally last week....blowing off bad news this week and looking impressive. Personally, I thought we would retest 1600ish at least and was waiting with a tad bit of cash to pick up a beaten down tech like ntap, extr, orcl, jdsu and etc......but everything is running away from me.....not sure what to make of all this....this is the most skitso market I have ever seen....on one hand, I dont want to buy high, when I passed on stocks such as ntap and extr at much lower prices, but then again, I dont want to miss it all together and find myself looking at ntap and etc in the $30's or $40's.......if 2000 holds, it could be catalyst for a strong rally...shorst will cover and longs will not want to miss the ride if the firmly believe a bottom has been set......I am trying to get as many viewpoints as possible, so I can make a decision as to whether to put the last of my cash to work, or wait for a drop or re-test, but sheez....nazzy has looked strong the last two weeks....any ideas....TIA
Keith |
