In edit, back in ZRAN at 13.02, seems to be hitting the bottom of the down channel. ZRAN is so unpredictable.

1240 NAZ broken, if we do not turn here, I think we gonna have a really bad day, may be another string of bad days.

ZRAN stopped out, big loss here<ng>. NVDA is getting almost stopped out here. Rough day.

Just got back into CYMI 27.4 an VSEA 25.2 here, praying even I am agnostic<g>

If GNSS print 4, I'll be going postal<g>.

Misses selling some stuff due to a client meeting, but VSEA and CYMI got sold while I was gone. Go stuck with MERQ(I am getting superstitious on this POS!), NVDA, ZRAN, and Q are all underwater.

Just got CCMP at 36.31. I am ready for my haircut now.

From 2.5b to less than 2b, that is pretty big in my book. What the heck, my semi raids are turning green here, CYMI almost a bucker, I will play them the whole day. Finger crossed here.

Also just got some NVDA 15.37 and EXTR 9.80. This is weird, some the stocks can be so strong someday, yet so pathetically weak the next day. It is very hard to find consistency whatsoever. The only tool I have is stop loss. Are you playing NVDA here?

Zeev, I am playing the semis for a bounce here, but not for a long term(means three days<g>), from what you see, is the SOX doomed, or does it have any guts left?

I have grave doubt about the market rally despite the fact that I am long here. Without the SOX, I can hardly see any sustainable rally.

The question bogs down to "Will the NAZ drag SOX up, or the SOX drags NAZ down"? Your insight please.

I have 800 shares of Qcom, will sell half if I get a bounce from my buy of 25.64 and 26.34. I will hold at least half, and depends on the afternoon market, may be all of them.

This TSMC semi cap reduction is bomb. SOX is pretty much fried here<ng>. Orkrious is having a grand day I bet, good for him.

I must be a fly on your wall, just reload the Qs and CYMI, VSEA I sold yesterday and AH. Let's see whether this rally has any legs. In edit, also some VRTS and Qcom.

Are you looking for a real rally today Zeev?

Edit, also added MUSE, ZRAN here. I am pretty much loaded, this rally better start...

You are right Zeev, can't win them all. I also picked some GNSS AT 6.80, if they do another trick like last two times, I will be majorly p.ssed off. I traded about twenty times GNSS just to get back even on loss of gap down from 20 to 17. I have grave concern about GNSS management, but no risk, no reward.

I want to personally thank you ZEEV for the turnips projections. Nothing is perfect, but as I said before, if you are not a trading god, then you must have been hanging around his backyard. You da man.

Zeev, what is wrong with CCRD? No movement pretty much all day, I bought some, and thinking of take a loss here.

SSTI is quite weak today, do not know why. I bought some 5.87, will take a loss at 5.5 stop.

You are right Pat, but the KEY word is "UPTREND" <g> I hope Larry's HAL signal turns here. Today a lot of indicators are right, so that's why I went gung-ho here, so far so good.

Bring on the rally...

Out of VSEA I bought yesterday at 28.25, thank God. Was ready to take a HUGE loss but held the nose and bought more at 24.2 this morning along with CYMI. Never dreamed that it can came back from AH at 23 to 28 and turn into green.

Gosh, this is a great day for the longs.

I usually take profit AH in this kind of day. Of course, liquid stocks only.

I think there will be more short-covering during the last 30 minutes.

If tomorrow we gap down, that's even better. Gap up usually stinks.

No cooperation? They are running, I might be wrong, but I think we are turning here, out of the dozen fake turns we had during the past two months, this one "feels" right.

Clownishly long right now, and I have buckers and half buckers all over the places, Now I think I will buy on any pullbacks until I am proven wrong again.

Also got ZRAN 15.9 NVDA 16.54, SSTI at 5.87, this rally better start now....

Just reloaded here, CYMI, QCOM, MERQ and VRTS. Finger crossed.

Out of MERQ for 0.12 gain, QCOM CYMI all out with minimum gain. Are you seeing another NAZ dive here into the close Zeev? I am still quite long here.

Added GNSS at 6.80, QCOM 27.05, CYMI at 29.70. Now it is either haircut time or cigar time.

In edit, MERQ 24.03, hope MERQ will not kill me, I hate this stock, but can't help buying it<ng>

If you are familiar with his handle "Patrick Bateman", you would know he fights with an axe or chainsaw, he is a psycho<g>. Most of the time, he is simply not there<gg>.

401 K, IRAs - all cash for past 3 years.

I am impressed.

Should at least have a 50% exposure in the funds when VIX near 60, the risk/reward is to your favor.

Hey, your money, your call.

No selling here, will try really hard to stay long, but if 1200 broke on a close basis, I have to be in about 30% cash in a hurry, that's just me<g>. Right now I am about 98% long here, can't get ZRAN, missed by 4 pennies, oh well. Some of the smaller stocks actually doing pretty good, I picked some MUSE and SWKS yesterday, and they are doing well. Good luck Pat and everyone here.

For me who has about 1% of Zeev's TA skill, NAZ 1200 is the line in sand on a closing basis, if it firmly broken, I have to take my lumps here, then my hairstyle have to change from ponytail to a crew cut<g,ng>

I agree Pat, but today's "feel" is much more positive, P/C over 1 VIX at 56 and morning gap down is good for a rally, I am clownishly long right now, so I must be biased<g>, just too some half and one buckers of the table, will re-enter during the lunch. Fingers crossed here...

Zeev, I got some OAKT at 3.21(one penny shy of the low), CCRD at 7.4, more AMCC 4.1, CHKP at 14, BRCM at 19.28, BRCD at 18.66, more NVDA 16.27, too bad I didn't get MERQ and QLGC, run too fast. I am cursed by MERQ, never made a penny out of it by trading it four thousand times, damn it. Everytime it gaps down, I chickened out, then MERQ does a 2 point run in about 20 minutes, bastard.

CASH now pretty much non-existent, either I will be killed, or I make the kill. Will take profit along the way if there is ANY!

It feels more like getting stuck in a submarine with no hope of ever coming up, and the air is getting thinner by the minutes...

Tight stops all around, cash presevation might be a good idea, even I know the rally may be near.

Zeev, do you have a read about the NAZ today? Deployed extra 20% cash here, holding another 20% cash in case to double up. Honestly, I do not like how the market is behaving.

How about a real "Osama Bites the Dust"?

Zeev, do you happen to have a worst scenario for the NAZ? i.e., a string of GNT and NAZ goes to 1200-1100 in the near term, or some form of Chinese water torture?

I am thinking of buying sfuff in the market tomorrow if I see another gap down or sell off in the morning.

Zeev, I just got a chance to see the market after a hard day of meetings. Sheesh, my kayak trip induced a 600 points Dow crash. Let me ask you a question in Softechie's style, "Is this market faaaaacked??!!"

Do you still looking for a rally or we are crashing here to Naz 1000? I am at about 60% cash here. Want to buy some stuff, but this market scares me.

If tomorrow we have one more down day, I will be 100% stock for the heck of it.

Zeev, are you still following PCYC? I own it, so I must be biased, but it has real hard cash of 7.5 per share subtract liabilities. It is trading at 3.6, no much debt, insiders are buying, but no revenue. I thought I had a bargin at 4, well, I am proved wrong here. What is your take? Either way, if it trade at 3.5, I will be stopped out, stop loss is my only weapon to protect me these days.

My AH quote the lowest was 500 shares sold at 41.05, bid 41.02, ask 41.64, if true, someone got fleeced.

Michale, I think that's when CEOs have to start swearing to their numbers.

Or that's when the CEOs have to start swearing like Softechie? <g>

Pat, I listened part of it, basically not only it didn't guide lower, the management says that it will have low doubl digit growth, and AH it first dipped to 18.2 then jumped to 19.8. Not too bad in this kind of tech spending environment IMHO.

I am having internet connection problem during the past two days, and I will be on a kayaking trip for three days, usually that will surely induce a market rally, but tomorrow being expiration day, I am not sure<gg>.

Have a good one guys.

Ray

I use it and I like it, much better than the Etrade Powertrader thing. Schwab's software is much more reliable, almost never crashes, but the Etrade joker freezes about 3 times per day<ng>.(My four computers are quite new and has A LOT of memory). Who write that Etrade software should be shot.

Schwab's SSPro also gives you two small trading entry windows, and all the other windows can be customized for your own preference(New High/New Low/Most active etc). The only thing is I pay 14.95 per trade at Schwab, but only 9.95 at Etrade.

Hope this helps.

I would have bought a bit VTSS here since I sold it yesterday morning at exact high 2.82. MERQ is doing its earning stunt again, too bad can't buy it either earlier today. I bet you Zeev bought AH at 23.20, and will do 5 trips on MERQ tomorrow with a total gain of 8 bucks out of it<gg>.

I will be out kayaking for three days, you guys better hold the market up<g>.

Zeev, is the market in for another dip to the ever illusive 1296, or the market is going to totally screw up? Cash at 75%, can't trade because I can't access etrade.

Maginnayan, Datek I think is "a poor man's caviar"<g>. With the commission and fee structure, I think it is quite decent. I use Fidility, Schwab, Etrade, Datek, TD etc, I think Datek execution wise, is first rate. Schwab Fidelity has a lot to offer, and their platinum team are very professional and knowledgable. Etrade reps usually have NO CLUE what the heck they are talking about, but I do see a bit improvement there in custom service. TD is a total joke. I hate them.

Good luck, I can just watching in pain to see MERQ from 22.37 to 23.4, and I can't do a thing about it, can't trade<ng>. Oh well, as Zeev says, c'est la vie<g>.

Is Etrade down??!! My schwab and Datek work fine, but why I keep getting "your connection is refused by Etrade" message?!

Anyone has the same problem??

Etrade is a joke.

Zeev, is SEBL salvagable into NAZ 1500? I got stuck with it because my internet crashed yesterday and I never got the chance to sell it along with the stuff I sold yesterday morning. The only stock in size I left and it blew up, what the chance<ng>.

What do you see it short-term into the rally if there is a rally coming<wink, wink>?