PC, I saw that IC Insights story and it made no sense whatsover. The guy said seasonals weren't the reason for the uptick and then offered zero evidence to support that wrong conclusion. Then he said, "Semis, semis, rah, rah, rah, Send me money for spinning, sis, boom, bah." <G> These guys are real objective. Sort of like the Tobacco Industry Institute, who still think that cigarette smoking should be prescribed for lung ailments.
The problem with Fleck is not his analysis, which is excellent, but his use of short sales. Puts would keep him rich.
I am still holding off. Just when I think the Xmas lies have gotten as thick as they can get, a new batch rouses the herd.
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