I can't have the horns back on because we are perched, I am neutral, namely, I am trying to go to sleep at the 45% to 55% cash level, and typically will try a massive deployment on the morning first swoon or the lunch tactics (today was in pre market and near the opening from the time stamps on the 12 entries I had, except BSTE which I got in in the early afternoon). If we get a good retrenchment without technical damage I may go bullish, but i doubt that will happen any time soon. I fear we do mild retrenchments and the dip are bought for now, maybe we need a real extreme of .32 or so on the P/c ratio to go "To the Hills".
While not gang ho bullish, every so often (like today) these daily deployment are quite successful (today was almost a sweep, four triple buckers, four double buckers and three (daily) buckers of the 12 deployed, only BRCD was a minuscule gain. I also took some nice buckers from traders like the bu$$ and CHKP, no complaints here.
Zeev
Zeev