No it is not "the ultimate", I have no idea what they will "manufacture" tomorrow, and will not be in during the morning to monitor the machinations anyhow. The model had relatively hard hits tomorrow, Monday and Tuesday with a potential triple GNT, if that happens, there is a chance that the Nassacre is over "before its time", frankly, the turnips have a bad habit of being early near bottoms (May 2000, December 2000, March 2001, they were spot on in September 2001, only if you add the 4 halted days...), so this time, I'll wait until we get the real capitulaltion, and that is not a one day process, it takes from three to seven trading days, in my experience. Becasue many of my OB's are quite close, I have removed all of them here and will get them back in tomorrow afternoon, once I can observe the market. That because I got caught with an OB in QLGC here at $42.50, and I don't like it.
Zeev |
