I have been banking (wrongly so far) on an intermediate bounce before we go into the May/June Massacre, actually my cash position has gone down (to 46%), a lot due to to some OB's hitting and perceived bargains (AETH, PDII, CCRD, IDCO, ZRAN, SEBL and JNPR account for a 14% swing in the cash position). If we continue down, some other OB's might hit in the next few days. (g). In the last few days, I kept paying ork his well earned dues on KLAC, luckily, I was a little more adept with CCMP, toward the end of the day yesterday, however, I paid the piper even on that one. Thanks to INVN I managed to survive last week almost unscathed. If we continue with the current trend, I will not be able to escape taking some sizeable hair cut (g).
Zeev |
