But we are also moving into a period where all the stops are removed, the feds will lower the rate again next week, and Congress is working feverishly to find fiscal ways to revive the economy. This with the fact that the turnips had the 1400 as a bottom (but in March they still had I believe 1900, and only on a breach of 1850, they had 1600), I think we are OK, of course, a breach and close under last week low, will make the parallel you point to quite possible. By the way, reentered CCMP here just under $52 again, maybe this time, I'll make some money (g). Also got IRF at $27.55, I think it is a bargain. But, took MU out just above $18, losing another $.15. Maybe i should wait till it get to $16.5 (g). Also got back into EXTR at $7.21 a little discount of $.40.
Zeev |
